{"id":10722,"date":"2022-11-08T08:17:38","date_gmt":"2022-11-08T14:17:38","guid":{"rendered":"https:\/\/johnstongroup.ca\/the-advisor-journal\/?p=10722"},"modified":"2023-06-27T21:14:45","modified_gmt":"2023-06-28T02:14:45","slug":"how-to-handle-tough-discussions-around-layoffs-or-wage-cuts","status":"publish","type":"post","link":"https:\/\/johnstongroup.ca\/the-advisor-journal\/business\/how-to-handle-tough-discussions-around-layoffs-or-wage-cuts\/","title":{"rendered":"How to handle tough discussions around layoffs or wage cuts"},"content":{"rendered":"<p>The reality of the current economy makes layoffs and wage cuts inevitable, particularly in certain industries that are most impacted. It&#8217;s never easy to have the dreaded task of advising your employees of this news.\u00a0 Read ahead for some solid guidelines for handing this awkward scenario.<\/p>\n<p>&nbsp;<\/p>\n<blockquote class=\"embedly-card\" data-card-controls=\"1\" data-card-align=\"center\" data-card-theme=\"light\">\n<h4><a href=\"https:\/\/www.hrreporter.com\/focus-areas\/culture-and-engagement\/how-to-handle-tough-discussions-around-layoffs-or-wage-cuts\/369203\">How to handle tough discussions around layoffs or wage cuts<\/a><\/h4>\n<p>&#8216;We solidify our reputation and our brand perception through our followup conversations&#8217;<\/p>\n<\/blockquote>\n<p><script async src=\"\/\/cdn.embedly.com\/widgets\/platform.js\" charset=\"UTF-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The reality of the current economy makes layoffs and wage cuts inevitable, particularly in certain industries that are most impacted. It&#8217;s never easy to have the dreaded task of advising your employees of this news.\u00a0 Read ahead for some solid guidelines for handing this awkward scenario.<\/p>\n","protected":false},"author":2,"featured_media":10811,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[8,52],"tags":[161,465,116,93,45,41,208],"class_list":{"0":"post-10722","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"category-hr","9":"tag-communication","10":"tag-employee_layoff","11":"tag-employee_management","12":"tag-human_resources","13":"tag-leadership","14":"tag-small_business","15":"tag-thought_leadership"},"_links":{"self":[{"href":"https:\/\/johnstongroup.ca\/the-advisor-journal\/wp-json\/wp\/v2\/posts\/10722","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/johnstongroup.ca\/the-advisor-journal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/johnstongroup.ca\/the-advisor-journal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/johnstongroup.ca\/the-advisor-journal\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/johnstongroup.ca\/the-advisor-journal\/wp-json\/wp\/v2\/comments?post=10722"}],"version-history":[{"count":2,"href":"https:\/\/johnstongroup.ca\/the-advisor-journal\/wp-json\/wp\/v2\/posts\/10722\/revisions"}],"predecessor-version":[{"id":10734,"href":"https:\/\/johnstongroup.ca\/the-advisor-journal\/wp-json\/wp\/v2\/posts\/10722\/revisions\/10734"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/johnstongroup.ca\/the-advisor-journal\/wp-json\/wp\/v2\/media\/10811"}],"wp:attachment":[{"href":"https:\/\/johnstongroup.ca\/the-advisor-journal\/wp-json\/wp\/v2\/media?parent=10722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/johnstongroup.ca\/the-advisor-journal\/wp-json\/wp\/v2\/categories?post=10722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/johnstongroup.ca\/the-advisor-journal\/wp-json\/wp\/v2\/tags?post=10722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}