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Nursing a Cut

Laying off employees is never easy. Here are 11 tips to make it less painful for everyone.

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This story appears in the August 2008 issue of Entrepreneur. Subscribe »

We're in a bubble again. It's not as frothy as last time, but this time we know what to do, right? One good thing about the dotcom implosion in 2000 is that we got lots of practice laying people off. I'm afraid this valuable knowledge may get lost.

If you are scoffing ("We'll never downsize because we're growing so fast."), then you're the reader this month's column is intended for. Here's how to do layoffs right:

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