Was Your RIF Deep Enough?

Was Your RIF Deep Enough?

Not sure if your reduction in force (“RIF”), was deep enough? If you must ask yourself that question, the answer is “No”.

Many publicly-traded Technology CEOs are about to navigate their first recessionary environment. If you are still managing headcount as if you are a venture-owned and operated company, you are carrying far too much fat. Only you and your executive team know how many internal resources you really need assuming a difficult demand environment. One thing is for sure as it relates to employee morale – it is far better to do one large RIF than a series of small RIFs.