Dozens of tech firms announced layoffs recently, and others declared hiring slowdowns or freezes. Over the past decade, many companies have invested more into diversity, equity, and inclusion (DEI) initiatives. Layoffs are where the rubber meets the road for organizations claiming a commitment to creating inclusive cultures. How leaders and their companies navigate the economic downturn in the coming year will speak volumes.
Don’t Let Layoffs Undermine Your DEI Efforts
How to separate with employees has not historically been a focus for businesses. It’s no surprise that leaders find themselves ill-equipped to navigate this phase of the employee engagement lifecycle and struggle with how to be inclusive while conducting layoffs. Savvy companies need to embed DEI into every stage of the employee lifecycle — including separations. A company that has invested time, money, and effort into building an inclusive culture does not want to have its employer brand story compromised. And more importantly, the last thing a company genuinely committed to inclusion wants to communicate is that its leadership targets marginalized talent in the layoff process. The authors present five ways for leaders and their companies to establish layoff practices rooted in inclusion and belonging, just as they’ve done with other elements of the employee lifecycle.