Strategic Downsizing in the Time of COVID-19


As the coronavirus pandemic continues to evolve, the damage to the job market looks likely to be deep and long lasting. Managers are not only dealing with the stress and sadness of having to let go of a large number of their workers, many

of them are also feeling underlying anxiety about their own positions.

 

Even if laying off employees is the only way to keep the organization running,

how do you handle your feelings of guilt and sadness?

 

How do you make the choice of who stays and who goes?

 

When making downsizing are necessary, what is the best strategy to follow?

 

How should you deliver the news when you can’t meet face-to-face?

 

What should you say to your employees who remain?

And what can you do to manage fear about your own future?

 

Lear how to manage downsizing employees in a humane, fair and legal way.



Strategic Downsizing in the Time of COVID-19:

Reducing Team Members in a Legal, Fair and Humane Way


Speaker: Atty. Erwin Zagala

Lead Trainer, Legal Guide Philippines

Monday, August 03, 2020

3:00 PM – 4:30 PM PHT

Monday, August 03, 2020

3:00 AM – 4:30 AM EDT

Monday, August 03, 2020

8:00 AM – 9:30 AM BST

Monday, August 03, 2020

5:00 PM – 6:30 PM AEST

Webinar Description:


Many organizations have faced or will face the decision to downsize their workforce. Especially in tough economic times, companies struggle with how to best manage their most valuable resource their human resources while staying viable as a business

 

So, you’ve made the decision to downsize your workforce. Chances are, this wasn’t an easy decision. But nonetheless, here you are, preparing to lay off a large percentage of your staff. And you know, if this process isn’t handled properly, it could cause a huge disruption to your business.


When downsizing a business, you must be proactive look at the long-term problems and goals.


Terminating some or all members of your team team is one of the hardest things you will have

to do as a boss. But sometimes, the situation calls for it.

 

It’s not going to be easy, but in this FREE Live Webinar, participants will gain the strategies that can minimize the disruption and negative effects that downsizing can have on your business. You will learn the proper steps, legal way of handling downsizing and know how to minimize the impact of this on your team and avoid liabilities.

Key Learning Points of this Webinar:

  • The 3 essential questions to ask yourself before downsizing. 
  • Whether terminating employees to preserve your business is allowed by law.
  • What are the steps so you can avoid liabilities and cases with the NLRC?
  • What are you supposed to give employees who are downsized?
  • How to minimize the impact with your remaining team members?
  • A safety checklist you can use to start off the process.

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