Insights
Russell Reynolds Associates: Maintaining Diversity & Inclusion During Workforce Reductions
The COVID-19 pandemic has been incredibly disruptive to organizations, with many having to make the difficult decision to reduce their workforce as a result of lost revenue. Companies that are going through layoffs have to contend with a multitude of complicated issues, and often neglect to take into consideration the impact those actions will have on diversity and inclusion in the workplace.
Over the long-term, having inclusive leaders and equitable practices ensures that employees feel higher levels of belonging. Leaders will always be faced with tough talent decisions, but those decisions can be made while minimizing the effect on your company’s diversity
Topics covered in this article:
- Understand your organization’s diversity
- Make sure layoffs are managed by inclusive leaders
- Reinforce your commitment to D&I
- Prepare for the recovery phase
Thought leadership category