359: Tough Call: Is Downsizing Your Team the Right Move?

It's not an easy decision, but I'll walk you through six potential options to help you manage your payroll and people concerns during tough times. From maximizing reserves and adjusting work hours to exploring strategic layoffs, we'll cover all bases to ensure you can make informed and compassionate choices for your business and team.  Leadership isn't just about steering during the good times—it's also about navigating through the storms. Let's explore how to stabilize and even position your business for future success amid uncertainty. Work with Shelli Warren: Book a call with Shelli to talk about how coaching can help you elevate your leadership capability. Apply to join the Leadership Lab. Confidence Starts Here: Get the Ask Shelli scripts to know what to say and how to say it. Free Resources: Click here to get our list of red flags to watch for during interviews. Click here for 12 ways to motivate your team without a pay raise. Click here to access essential coaching questions for impactful 1:1 meetings. Click here to learn how to position your role as their next best career move. Connect with Shelli Warren: Email: [email protected] Instagram LinkedIn Subscribe to the Stacking Your Team Newsletter