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  • 13 Jun 2017
  • First Look

First Look at New Research and Ideas, June 13

Harvard Business School Case 314-097 Furloughs: An Alternative to Layoffs for Economic Downturns This note describes the practice of employee furloughs (also known as work sharing or short-time work) including their regulatory frameworks... View Details
Keywords: Sean Silverthorne
  • 11 Feb 2021
  • Blog Post

Good Leadership Is an Act of Kindness

few exceptions, true. In scores of first-person accounts and on social media, people are reporting they are working harder than they did pre-COVID. This makes perfect sense; as layoffs and furloughs skyrocket, employees live in fear of... View Details
Keywords: All Industries
  • 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
  • 04 Feb 2021
  • Research & Ideas

Inside CEOs' Pandemic Worries: Uncertainty, Employees, and Kids

and error took a toll.” On the detailed level, CEOs “worked on scenario planning and cost-cutting.” Most made retaining staff a priority: “We worked hard to retain all the roles we could. We ended up furloughing some people and switched... View Details
Keywords: by Gamze D. Yucaoglu, Robin Abrahams, and Boris Groysberg
  • 13 Apr 2020
  • Research & Ideas

Small Businesses Are Worse Off Than We Thought

firms are temporarily closed and 40 percent of the workforce, on average, has been laid off or furloughed since late January. Retail, entertainment, food services, hospitality, and personal services industries have been hit hardest as... View Details
Keywords: by Kristen Senz; Financial Services
  • 28 Oct 2020
  • Blog Post

Keep Your Weary Workers Engaged

need help for the next many months to keep theirs and others’ spirits high so we can keep them for when we recover.” “How to motivate a team that has been furloughed? With our operations totally shut down by the government, we had to View Details
Keywords: All Industries
  • 08 Dec 2020
  • Blog Post

Keep Your Weary Workers Engaged

need help for the next many months to keep theirs and others’ spirits high so we can keep them for when we recover.” “How to motivate a team that has been furloughed? With our operations totally shut down by the government, we had to View Details
  • 08 May 2020
  • In Practice

Nonprofits Hurt by COVID-19 Must Hoard Cash to Hold On

(e.g. rent). Next, reduce fixed costs, starting with salary cuts that commence at the top and the furloughing of all non-essential staff. Finally, reorganize to operate with a permanent lower fixed-cost base. Third, they must protect the... View Details
Keywords: by Danielle Kost