Planning for the worst: The best practices for mass layoffs

Martin Birt | January 16, 2015 1:17 PM ET

Stop me if this sounds familiar: A vice president of operations calls a town-hall meeting after the Friday afternoon shift. “You all know that this unit has been unprofitable for some time now.” (Did they really know? Who told them?) “We have decided to close this location. I have to catch a plane though, so I’m going to hand you over to our hapless human resources manager (HHRM) for more details. Good luck.”

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