203: School of Hiring, The Art of Letting People Go. Oliver Aust & Konstanty Sliwowski

<p>Today we are sharing the repost of an insightful episode from the ⁠School of Hiring podcast⁠, hosted by Konstanty Sliwowski. Oliver and Konstanty dive into a topic that might not be the cheeriest, but it&#39;s undeniably one of the most critical aspects of running a business, especially in challenging times: letting employees go, dealing with redundancies, and navigating the turbulent waters of layoffs.</p> <p>In a year that has seen hundreds of thousands of tech workers lose their jobs, the gravity of this issue couldn&#39;t be more apparent. The stakes are sky-high, and how a company handles these delicate situations can make or break its future.</p> <p>Handled correctly by the leadership, the team will understand why the reduction was the right thing to do to ensure that the company has a future. They will double down and focus on the mission. </p> <p>Handled badly, layoffs can trigger a crisis that leads to revenue loss, which in turn requires more layoffs – a downward spiral some companies never recover from.</p> <p>As much as we would all like to avoid this topic, it&#39;s an inescapable part of being a great leader and founder. In this episode, we&#39;ll explore the nuanced strategies, empathy-driven approaches, and crucial insights that can make all the difference when facing the challenging task of letting employees go.</p> <p>Connect with Konstanty Sliwowski on LinkedIn:  <a href="https://www.linkedin.com/in/sliwowskik/">https://www.linkedin.com/in/sliwowskik/</a></p> <p>Listen to the School of Hiring Podcast: <a href="https://open.spotify.com/show/21lu1coKVNYQPZ718puRUl">https://open.spotify.com/show/21lu1coKVNYQPZ718puRUl</a></p> <p>Get the &#39;Message Machine&#39; Newsletter and receive communications insights in your inbox every Friday: <a href="https://www.eoipsocommunications.com/newsletter/">https://www.eoipsocommunications.com/newsletter/</a></p> --- Send in a voice message: https://podcasters.spotify.com/pod/show/likeaceo/message