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On Another Day of Layoffs...

Posted by Jason Averbook on Nov 18, 2008 4:12:42 AM

http://www.newschannel9.com/pictures/s-layoffs.jpg

 

I found this post to be extremely interesting.  Many of Knowledge Infusion customers are going through times right now where the balance between a down economy and the kind of talent to keep in the organization is extremely difficult.  We all see the press releases on a daily basis detailing the layoffs.  Bob Sutton has done a great job in a post detailing some of the euphamisms for layoffs.  A few of my favorites (if you can call them that):

 

  • Adjusting to shifts in demand

 

  • Rationalizing

 

  • Rebalancing the level of human capital

 


All kidding aside, our feelings go out to all of the amazing talent that is caught up in this economic downturn.  Most organizations do not have any idea of the talent they are losing and will find themselves at a competitive disadvantage as the economy returns and you are all working elsewhere.  For organizations that have not invested in talent management solutions to help know even what talent they have before they get rid of it, what have you been doing.  The need for agility will continue and it is time to begin measuring people like the less important assets in your organization.

 

What are some of the classic phrases you are hearing these layoffs called?

 

Link to Bob's post - thanks Bob for great one

 

Another infusion of knowledge...

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