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- All HBS Web
(51)
- News (12)
- Research (34)
- Multimedia (1)
- Faculty Publications (9)
- 28 Jun 2021
- Research & Ideas
Keep or Cut Workers? How Companies Reacted to the COVID-19 Crisis
On the flip side, 28 percent laid off or furloughed workers. By the end of April 2020, 15.9 million Americans were out of work, and the unemployment rate was 14.7 percent—a huge swing from the 50-year low of 3.6 percent just months... View Details
Keywords: by Lane Lambert
- 16 Jun 2021
- HBS Case
Cruising in Crisis: How Carnival Is Riding Out the COVID-19 Storm
prepared for an extended, indefinite lockdown. The company cut its annual operating expenses by $1 billion, as well as its capital costs by hundreds of millions. While some of those reductions came from laying off 820 people and View Details
- 09 Sep 2015
- Research & Ideas
Leadership Lessons of the Great Recession: Options for Economic Downturns
had been in Cote’s position during the recession. Among the options students were asked to consider were whether to use layoffs or to use furloughs (also known as work sharing or short-time work), an alternative to layoffs in which... View Details
- 16 Jul 2020
- Research & Ideas
Restaurant Revolution: How the Industry Is Fighting to Stay Alive
this new environment.” At the outset of the crisis, most restaurants had only two to three weeks of operating reserves and those reserves were quickly exhausted. With no end date in sight of mandatory closures, owners moved quickly to View Details
- 08 Oct 2020
- Research & Ideas
Keep Your Weary Workers Engaged and Motivated
by the government, we had to furlough 90% of our team. They still receive benefits but no wages. We plan on bringing them all back as soon as we are allowed to reopen, but for now they have no income from the company. Many in our industry... View Details
Keywords: by Boris Groysberg and Robin Abrahams
- Web
Faculty & Researchers - Managing the Future of Work
Barron’s, 2022. The Power of Trust: How Companies Build It, Lose It, Regain It , PublicAffairs, 2021. With Shalene Gupta. How to Make Furloughs More Humane , Harvard Business Review, 2020. With Shalene Gupta. The Trust Crisis , Harvard... View Details
- 05 May 2020
- Research & Ideas
China Tariffs and Coronavirus a Double Hit to American Retailers
Pandemic Coverage from Around Harvard and Beyond COVID-19 Business Impact Center (Harvard Business School) How to Make Furloughs More Humane (Harvard Business Review) Coaching Your Team Through Uncertain Times (Harvard Business Review)... View Details
Keywords: by Michael Blanding
- 09 Jun 2022
- HBS Case
From Truck Driver to Manager: US Foods’ Novel Approach to Staff Shortages
back and shifted its staff, furloughing some employees and placing others in temporary jobs in other industries until the company needed them back. For example, the company had created a role that it calls “restaurant operations... View Details
Keywords: by Pamela Reynolds
- 11 Mar 2021
- News
Leading with Heart
wrong. That gave us a lot of clarity. And even as we did some very tough things. So we had to furlough close to 37,000 people. We had to suspend all non-essential expenditure. We had to cut salaries 50 percent, 25 percent, all the way... View Details
- 27 Apr 2020
- Research & Ideas
How Remote Work Changes What We Think About Onboarding
at the end of the first week and at the end of the first month. THE CORONAVIRUS CRISIS More Business-Related Pandemic Coverage from Around Harvard and Beyond COVID-19 Business Impact Center (Harvard Business School) How to Make Furloughs... View Details
Keywords: by Boris Groysberg
- 01 May 2020
- What Do You Think?
Does Remote Work Mix with Organizational Culture?
THE CORONAVIRUS CRISIS More Business-Related Pandemic Coverage from Around Harvard and Beyond COVID-19 Business Impact Center (Harvard Business School) How to Make Furloughs More Humane (Harvard Business Review) Coaching Your Team Through... View Details
Keywords: by James Heskett
- 07 May 2020
- Research & Ideas
The One Good Thing Caused by COVID-19: Innovation
Business School) How to Make Furloughs More Humane (Harvard Business Review) Coaching Your Team Through Uncertain Times (Harvard Business Review) Read COVID-19 coverage from Working Knowledge If risk of contagion persists substantially... View Details
Keywords: by Hong Luo and Alberto Galasso
- 17 Dec 2015
- News
Examining Global Workforce Management
in Brazil. Furloughs as an alternative to layoffs are used less frequently in the United States than in the rest of the world. Sucher’s case on Honeywell reveals how the firm—the only one of its US peers to use View Details
- 04 Dec 2020
- News
Hour by Hour
pitch what we’re doing, it makes sense to them,” observes Morris. Not only with companies, he says, but also with former employees who may have lost jobs or been placed on furlough and, through Syrg, are able now to make use of their... View Details
- 19 Nov 2020
- News
How Panera’s CEO Learned to Go Against the Grain
Photo courtesy of Panera Bread Photo courtesy of Panera Bread As the CEO of Panera Bread Co, Niren Chaudhary (AMP 191, 2016) was intent on finding ways to make sure the company’s workers weren’t left behind during the pandemic. The company invited its View Details
- 01 May 2020
- In Practice
COVID-19’s Hard Lessons Might Prepare Business for Climate Change
The coronavirus pandemic caught the business world by surprise, but the catastrophe might force companies to face a crisis that has been unfolding in plain sight: climate change. We asked faculty members affiliated with the Business and Environment Initiative at... View Details
Keywords: by Danielle Kost
- 25 Feb 2020
- News
Why Layoffs are a Losing Strategy
written numerous cases on other companies that have forged a new path for workforce management, such as Honeywell, which chose to institute furloughs during the 2008 recession instead of layoffs, and Nokia, which built its Bridge program... View Details
- 04 May 2020
- Research & Ideas
Predictions, Prophets, and Restarting Your Business
School) How to Make Furloughs More Humane (Harvard Business Review) Coaching Your Team Through Uncertain Times (Harvard Business Review) Read COVID-19 coverage from Working Knowledge Consistent messaging to customers A problem with... View Details
Keywords: by Frank V. Cespedes
- 25 Nov 2014
- First Look
First Look: November 25
cuts in all parts of the business. They face choices in whether to employ layoffs or furloughs (unpaid leaves) for any needed workforce reductions, and whether to enact hiring freezes and other cost-saving changes to employee and... View Details
Keywords: Carmen Nobel
- 29 May 2020
- Op-Ed
How Leaders Are Fighting Food Insecurity on Three Continents
“COVID-19 is especially deadly for people with underlying conditions, including those related to poor diet, like obesity and diabetes. That is exacerbating existing health disparities with deep roots in food apartheid.” Gardeneers had to View Details