The War for Talent will likely continue….but don’t think the business cycle has been outlawed. There may not be widespread hits to employment in the years to come but specific sectors and industries have been, and will be, disrupted from time to time. Significant recent reductions in force (RIFS) in retail, IT, and aviation due to over-hiring during Covid, or just bad management, are sobering examples.
In the event you find yourself facing an unexpected layoff, a little preparation can go a long way, especially in knowing what NOT to do… Vistage speaker and employment law expert Hunter Lott offers a five-minute tutorial on How to Handle Reductions in Force.
