Subscribe to Entrepreneur for $5
Subscribe

The UPS Store | Brand Spotlight Partner What is this?

How to Know When to Let an Employee Go – And the Right Way to Do It

Marcus Lemonis, host of CNBC's The Profit, shares his best advice for turning the negative experience of firing an employee into a positive one.



As an entrepreneur or manager, you’re typically pretty optimistic after hiring a new employee or promoting someone to take on more responsibility. Sometimes though, despite your best judgment and vetting efforts, those people simply don’t work out.

In this video – filmed during a recent event sponsored by The UPS Store® and Entrepreneur – businessman and host of CNBC’s The Profit, Marcus Lemonis, shares his best advice for turning the negative of firing an employee into a positive.

The UPS Store

Brand Spotlight Partner

Spotlight is brought to you by the Entrepreneur Partner Studio, which creates dynamic and compelling content for our partners.

Opinions expressed by Entrepreneur Spotlight partners are their own.