Bosses, if you must make cuts, here’s what to do
Bosses, if you must make cuts, here’s what to do 1 AVOID DEATH BY A THOUSAND CUTS It is better to do your calculations thoroughly and then retrench in one fell swoop, than make multiple cuts as things worsen, says Dr Stewart Black, executive director of the Insead business school’s Centre for Human Resources in Asia. ‘By the second cut, remaining employees will wonder if they will survive the third or fourth round. The impact is counter-intuitive. Instead of working harder to keep their jo
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