Hold Layoff/Termination Follow Up Meetings
A Step in a Management Maneuver in the Mezzanine Stage of Startup Development
Holding staff meetings following a layoff is a step in the process of cutting costs. Team morale is usually at a low point after staff have been laid off, so this meeting is necessary to explain the reasons for the action, and discuss the Company's strategy. The idea is to boost morale and build an upbeat team that is capable of generating positive momentum.
This step is completed once the staff meeting has been held.
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Maneuvers Involving this Milestone: