Announcing Redundancies
Announcing redundancies and managing communications
Sadly, making redundancies can be a necessary and unavoidable part of owning or managing a business. This is particularly the case at the moment given the huge challenges arising from the Covid-19 pandemic. These decisions are never easy ones to make, and managing the fallout can be extremely challenging.
If your business has found itself in this difficult situation then the worst thing you can do is stay quiet. Very early on in the process (as early as you possibly can), you should think carefully about how to manage the news of redundancy. This includes managing appropriate announcements to the media, staff themselves and other key stakeholders in your business such as investors and customers. It’s also crucial for these announcements to be made in the right order, to be courteous to employees and to avoid creating any additional bad press.