Ten Tips For Downsizing with Grace in Difficult Economic Times

Posted on 30. November 2008 by Gireesh Sharma

Difficult economic times call for tough calls, and, downsizing is one of the toughest calls that leadership and HR have to take. Though downsizing is the most hated task and nobody wants to do it; it is a necessary evil for saving a company from an economic collapse.

With little efforts organizations can minimize the effect of downsizing on economy and employees to a some extent.  Here are 10 tips that one can consider while downsizing:

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