3min chapter

HBR On Leadership cover image

What It Takes to Become CEO

HBR On Leadership

CHAPTER

The Negative Perspective of a Manager on Layoffs

"In difficulty lies opportunity," is the cliche, but it's a cliche for a reason. "He owes those people a fair and honest rationale for why the company is taking these actions." If he doesn't understand it himself, he's not in a position to provide that. It'd be okay for him to stay if he's being paid a ton. But boy, you spend a lot of time doing whatever you do at work.

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