Are you considering layoffs?
Share what you're planning anonymously to help other comp leaders
Many of you are spending extra time with your finance team crunching the numbers and considering the tough question: are we going to do layoffs, too?
To help each other navigate the path forward, share your plans (if any) in this poll.
Results are anonymous — I cannot see individual answers, and neither can any other reader.
Readers are primarily compensation, HR, and TA leaders at enterprise organizations in tech, media, life sciences, and financial services.
Combing through business units, geographies, levels and spans, timing, communication, revenue scenarios, special board meetings — it’s a complicated task.
If you are considering layoffs, do them well and be sure to set market-competitive benefits for departing talent.
I’m tracking layoff benefits in this Google Sheet, and you can read about my findings in last week’s post.
It can be helpful to calibrate what other companies are doing. I hope this poll gives you a bit more data to bring into your challenging finance and board room conversations.
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