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One of the responsibilities of leaders is to deliver bad news: that the company is pulling the plug on a beloved project, forgoing raises or bonuses, implementing return-to-office mandates—or even eliminating jobs. When the economy weakens, more companies make these choices, requiring leaders to communicate them in a way that minimizes the damage to morale.
Read more on Layoffs or related topics Downsizing, Difficult conversations and Leadership
Chinese President Xi Jinping 2019 New Economy Forum in Beijing Getty Images Last month Chinese leader Xi Jinping gave a speech where he encouraged Chinese […]
Martha Gimbel is the Executive Director and Co-Founder of the Budget Lab at Yale. She has worked in economic policy and research in the executive […]
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