Recently, two firms I know of laid off groups of employees. One victim was a veteran of over ten years. Another was a junior employee being mentored by one of the best people in the office. They were all valuable employees the firms had invested in and benefited from.
If you can believe it, when I was laid off I actually felt sorry for the leaders who had to drop the guillotine. There I was with my neck under the blade and I was saying things like, “I know this must be difficult for you” and “So sorry you have to pull the lever.” Even after the blade came down I kept saying this, a talking head without a body. And here I am, still a talking head!
Leadership is undoubtedly in a difficult situation. After chopping someone’s head off they probably go back to their desks, pull out their little metal flasks of whatever they prefer and take a swig. Think of the emotional damage this does. I wonder if this makes it difficult for management to carry on in their leadership roles to help their firms weather the storm. Can a captain who throws crew members overboard still function as a good captain? I suppose that is for the historians to determine. And what does the rest of the crew think?