Top Twelve Steps to Take after the Layoff - Part 2

Staff reductions have become commonplace once again in our industry.  The steps you take after those staff reductions are critical to the future success of your firm.

7. Sell the Computers

Now that you have less staff, you are left with the question of what to do with all of the unused computer equipment.  All too often, the computers stay where they are gathering dust or are relegated to the storage area only to be discarded several years later when they have no useful value.  If there is no market to sell them, donate them to a worthy cause and take a tax deduction.  Whether you sell or donate them, don't forget to reformat the hard drive and remove all of the software applications.

8. Change the Passwords

It seems obvious that employee computer passwords need to be changed, but it is too important not too state it here.  I know of several firms who did not handle this promptly and paid the price of missing files and other problems

9. Reduce your Telephone Landlines

If your 50-person firm had 25 landlines and your staff has been reduced to 35, do you really need 25 landlines?  Probably not - but it can be one of those hidden costs that is easily overlooked.  Some firms can go on for years paying for lines that are not needed and never used.

10. Change the Locks and Alarm Codes

Once again, it seems obvious, but make sure your get it done.  In the age of electronic locks codes can be changed every day of need be.  Key cards can be activated and deactivated at will.

11. Reduce your Software Subscriptions

Are your paying an annual subscription fee based in the number of licenses or employees?  Many software firms have switched to this model in recent years.  Now that you have fewer employees you may be entitled to a reduced rate or need fewer licenses.

12. Reconfigure your Office and Sublease Space

During the boom years, many firms tried to squeeze 10 pounds of talent into 5 pounds of space.  This overcrowding led to less a less than optimum working environment for many employees.  Now that the layoffs have taken place, this is a great opportunity to reconfigure your seating assignments and provide a more pleasant and productive working environment for your remaining employees.  You can also make desk space available for rental to freelancers and aspiring entrepreneurs.