Layoffs: There's a Right Way

Microsoft last week announced a large staff reduction tied to the acquisition of Nokia. There is actually a science to how to make layoffs, but much of that appears to have been lost over the last couple of decades. I have some theories as to why -- I blame the Democrats and financial analysts -- but how you carry out job cuts actually is very important, and it reflects how well the CEO understands people, which I think is a critical skill. In the context of Microsoft's layoffs, I'll offer a layoff primer this week.