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How to Properly Lay Off People During an Acquisition

M&A Science

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How Do You Communicate Layoffs?

When a company lays off people, the first step is to introspect and figure out what's going on. The next one is figuring out how you're going to deliver the news in an intimate way. And then there are four other steps that need to be taken: negotiating severance packages, explaining why they've been laid off or just talking about it with employees. Last but not least was making sure all of these steps were done before any deal closed.

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