This is the second show in our series about hiring right and handling layoffs. Our Business Brain tells us that our employees are the most important asset we have, so we always suggest doing everything you can to avoid layoffs.

However, sometimes layoffs can’t be avoided if you want to make it through a downturn or you have to restructure your business based on other factors. Let’s take a deep dive into the best way to handle this unpleasant aspect of owning a business.


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