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Workforce Ep. 5: Strategies for Managing Workforce Reductions

Workforce Ep. 5: Strategies for Managing Workforce Reductions

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 How can businesses strategize toward harm reduction when downsizing?On this special workforce engagement focused episode of Built on Strategy, I am joined by Patrick Lynch, Vice President of Global Operations at Careerminds. Reducing the size of your workforce is never an easy task, as markets change and resources are reassigned it is an inevitable cycle that employers and employees dread. Luckily, there are professionals like Patrick and his team who provide compassionate outplacement solutions for businesses in the process of downsizing. A sudden change in someone’s career path can be incredibly stressful and frustrating but implementing the services of Careerminds provides opportunity programs, educational resources, and a path forward for employees who are let go. Nowadays, every business has a technological component. This means that the ability to be a lifelong learner and adapting to meet the standards and requirements of the modern workforce has never been more important or accessible.

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