The Disney Layoffs

As The Walt Disney Company, Zoom, and Philips announced layoffs, leaders’ heads are spinning in knowing the right way to address employee concerns. I was talking to one of them in Asia this morning, and we devised three good strategies. First, stay within the bounds of what is known, and don’t go beyond your current information. Second, there is a shifting perspective now with your team on how they feel about the “Great Resignation” and “Quiet Quitting.” As a leader,...

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The Great Resignation: Have we Reached the High Water Mark

Last week’s Sunday New York Times posted a picture across the front of the Business section showing 2 young women celebrating their quitting their jobs with an exclamation mark of champagne flutes and rollicking laughter. It struck me as a high-water mark for the Great Resignation. Like the drunken parties of the boom times of the late 1920s or dot com fantasies of the late 1990s or the heady days of unleveraged home ownership of 2008, all good things come...

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