No Bullsh!t Leadership Moment 154. Layoffs Done Right (Without Losing Your Best People)
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Jan 4, 2026 Navigating layoffs can be tricky, but leaders must master this critical skill. The discussion reveals three termination types—convenience, cause, and redundancy—and their unique implications. Strategies for retaining top talent include direct reassurances and clear communication post-cuts. Martin emphasizes acting decisively and minimizing prolonged consultations to prevent talent exodus. Ultimately, maintaining morale and dignity during cuts is key to strengthening the team. Tune in for practical advice on executing layoffs without losing your best people!
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Three Core Termination Types
- Termination is a core leadership skill you must master in commercial businesses.
- There are three basic termination types you need to understand: convenience, cause, and redundancy.
Treat Each Termination Appropriately
- Handle termination for convenience simply by paying contractual entitlements and closing the relationship.
- For termination for cause, document sustained underperformance and run a formal coaching and monitoring process before acting.
Personal Redundancy Experience
- Martin G Moore recounts being hit by redundancy in 2004 after a takeover that affected over half his team.
- He uses this experience to highlight the complexity and personal impact of redundancy programs.