Sustaining Morale During Downsizing
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There are no magic formulas that will instantly restore a high level of employee morale
after a downsizing.
Employees will likely have to grieve both the loss of their co-workers and the loss of job
security they once felt. Even though they still hold their position, ever-present feelings of doom and suspicion often haunt the workplace.
The best course of action is one where information is shared
as openly as possible. Be honest, acknowledge losses, implement Employee Assistance Programs or promote existing ones, discuss emotions that employees are feeling and be a role model.
As a leader, your steadfastness and calmness will help to avoid a feeling
of panic or disorientation on the part of your employees.