Conducting a Reduction-in-Force (RIF) is one of the most difficult actions for business leaders and HR. It is never taken lightly and can cause a huge negative ripple effect if not managed well. We have seen RIFs impact performance and culture for years after the event, with stories of the RIF shared with multiple generations of employees.
When it comes to job loss, it doesn’t matter if you’ve been fired (lost a job due to your performance) or laid off (lost a job due to your company’s performance). The fact remains that you must deal with a five-letter word: grief.