Making a Plus of Downsizing
So, the worst has happened and you've had to let some employees go. Layoffs rank close to the top on most entrepreneurs' lists of dread possibilities. Still, life -- and your company -- must go on. How do you recover, regroup, and forge ahead successfully? Not by forcing your remaining employees into jobs they hate or are unqualified for, says Dennis LaRosee, senior vice-president of Praendex of Wellesley Hills, Mass. Resist the impulse to put the wrong people in key positions and your business will bounce back more quickly, LaRosee counsels. He talked recently about "layoff etiquette" with Smart Answers columnist Karen E. Klein.
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