The 2020 Mid-Year Economic Update_long

MDM Interview: Helping Employees Find New Work

Skip DeVilling, president of DeVilling & Associates, LLC, a Sarasota, FL-based executive employment search firm, recently spoke with MDM Associate Editor Jenel Stelton-Holtmeier about how companies can help laid-off employees through outplacement programs.
MDM: Many companies are having to turn to layoffs in order to survive the recession. What are the broader impacts of these moves?
 
Skip DeVilling: Labor is the easiest thing to cut. It can be done at any level and the results are immediate. Executives aren't immune, and if you cut one high level executive position, the savings there can be significant. That doesn't mean that they can't be done better. Communication is important. Providing support after the lay off, such as ...

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