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MBA1765 Q&A Wednesday: I need to make some layoffs. Any advice?

No one likes losing team members.

Sometimes it’s the only way to save the business. But before you let the ax fall, consider a few alternatives. That way, if you have to let someone go, you’ll both know it was truly the last resort.

It’s Q&A Wednesday, and we’re helping one listener do just that.

Many businesses were hit hard in the last year. The good news is that if your troubles are temporary, your layoffs might be, too. Join us as we discuss the options, and how to handle the worst case in a way that doesn’t leave hard feelings.

Tough times: they’re part of entrepreneurship. But you can handle them, and so can your team. Click Play!

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