Layoffs Require Transparency, Honesty

“People tweet, people blog, people text. You are going to have a completely transparent workplace at all times. You can’t really spin it,” says a former Yahoo HR head. Companies are finding it best to announce their bad news before social media gets a hold of it; when Yahoo laid off 1,500 employees last year, it was all over Twitter, including at least one post from an affected employee: “as of now, I am independently employed. my stay at #yahoo is over. I really enjoyed it. The future holds other opportunities for me now.”

When Zappos laid off 8 percent of its workforce, CEO Tony Hsieh Twittered about it.

And we’ve certainly found other examples of laid-off workers announcing their sudden life changes on social media.

“The rise of social media steps up the pressure on companies to deal with their employee brand and to make a positive brand a reality,” says Workforce. “Companies are attempting to be candid and stay ahead of the rumor mill by blogging or otherwise broadcasting their bad news on layoffs.”

What do you think? Is it wise to try to beat the rumor mill or is all this just “airing dirty laundry”?