In this episode of The Proskauer Brief, partners Harris Mufson and Evandro Gigante discuss considerations and best practices associated with reductions in force. Companies that make a business decision to reduce its staffing should consider what goals they are looking to achieve. Is it cost reduction or a consolidation of positions? Or is it to weed out lower performing employees? These considerations will tend to inform whether the employer decides to do a voluntary reduction in force or involuntary reduction in force. Tune as we discuss practical tips for employers considering a RIF.
January 2, 2020