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When to Restructure | N2Growth Blog

N2Growth Blog

This is so much the case that some CEOs will avoid restructuring initiatives at all costs. There are even some business theorists that warn against undertaking complex restructurings because of the great risks involved. That is the question that many a business is forced to ask at some point during their life cycle.

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Expedia Layoffs To Affect 9% Of Workforce In a Bid To Refocus Resources

HR Digest

Reports indicate that the company will soon lay off up to 1,500 employees of their current active workforce. News of the restructuring efforts followed the fourth quarter and full-year 2023 Expedia earnings call where the company actually presented pretty strong performance numbers.

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Cisco Layoffs Confirm 4000 Job Cuts: The Tech Industry’s Job Insecurity Heightens

HR Digest

Cisco restructuring news not only reflects the company’s response to sluggish demand but also highlights the growing significance of artificial intelligence (AI) in shaping the future of work. This reduction follows the previous edition of Cisco layoffs in late 2022, which resulted in 5,000 job cuts.

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RESISTANCE TO CHANGE RECONSIDERED

Lead Change Blog

Automation, restructurings, force reductions, and other changes were undertaken to improve competitiveness and productivity do have a human cost; telling the truth and treating people with respect will foster greater trust. Fear of failure. Lack of trust in leadership. Track and revisit resistance.

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The Layoff Letter Blueprint: 10 Ways to Write A Polite Layoff Email to Employees

HR Digest

In this article, we’ll present 10 polite ways to write a layoff email to employees – each of these layoff letter templates will help you ensure that when they do happen, the redundancy feel fair and the company and the affected workforce are set up for success. We’ve put together a few layoff letter samples for the following scenarios: 1.

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The “ins and outs” of how to manage change in the workplace

HR Digest

The Covid-19 pandemic has been a great wake-up call for companies and their ability to manage change in the workplace. Transformational changes: These are large-scale changes that require an investment of time and money into new systems and restructure the business. Change Management at Work. Focus on solutions rather than the problem.

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Millennials Speak! 5 Future Leadership “Must Haves”

Marshall Goldsmith

Millennials speak up! Demonstrating Technological Savvy. High-potential leaders from around the world were consistent in expressing the view that technological savvy will be a key competency for the global leader of the future. Young future leaders often have been brought up with technology and view it as a part of their life.