Webinar: Managing Layoffs in an Ownership Culture
During this crisis, many firms have had to make the difficult decision to furlough or layoff employees. When the employees are also owners, this decision is even more difficult. How do you manage the layoff process in a way that conveys respect for all employee-owners and reinforces your culture? How do you explain your decision to those being laid off and to those employee-owners who remain? What advice should you consider regarding who to lay off, why, and when?
This webinar, presented by Matt Hancock and Daniel Goldstein, on May 7, 2020 for the ESOP Association’s COVID-19 response webinar series, offers insights on this topic.