ON THE FRONT LINES OF THE FIRING SQUAD: THE RIGHT WAY TO LAY OFF OR FURLOUGH EMPLOYEES
Dorria Ball, Kraft Foods and Mondelez International Alum shares her thoughts with Caroline Clark in early April.
The past two weeks have erased nearly all the jobs created in the past five years, according to The Washington Post. In the final days of March, major retailers such as Kohls, the Gap, Macy’s and Bloomingdales furloughed hundreds of thousands of employees. Other companies, including Disney, Marriott, and Endeavor, announced broad pay cuts. It has become clear that almost everyone in almost every business realm has either delivered bad news, received bad news, or gotten both.
It’s easy for the human toll to get lost in the staggering statistics. We can become desensitized by the constancy of the news cycle.