Managing The Future

Managing The Future

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Managing The Future
Managing The Future
Layoffs still suck

Layoffs still suck

Don't let your culture suck too

Joel Trammell's avatar
Joel Trammell
Dec 17, 2024
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Managing The Future
Managing The Future
Layoffs still suck
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After numerous blue chip companies announced layoffs in 2024, step into my office and let’s have a chat.

Layoffs are one of the hardest decisions a CEO will ever make. No one enjoys it—if you do, well, congrats psycho.

YARN | We find it's always better to fire people on a Friday ...

But sometimes, whether it’s due to economic pressure, shifting strategy, or over-hiring, you have no choice but to reduce headcount.

While layoffs may solve an immediate financial problem, the real damage often shows up later. And it’s not just the people who leave—it’s what happens to the team that stays behind. Layoffs can tank morale and productivity if you’re not intentional about how you handle them.

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I’ve seen it happen. Your remaining employees start thinking, Am I next?, even as they’re o…

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