%0 Journal Article %A Diane M Pfadenhauer %T Selection and Communication in Layoff Planning: The Cornerstones of a Successful Reduction in Force %D 2009 %R 10.3905/JPE.2009.12.3.094 %J The Journal of Private Equity %P 94-103 %V 12 %N 3 %X The availability of a tremendous amount of literature addressing the legal issues associated with conducting a layoff influences many practitioners to rely solely on the legal elements. While indeed these are important, an effective layoff cannot be achieved without focusing on two additional major elements: selection of individuals for layoff and communication to various stakeholders. By utilizing a layoff committee that includes diverse representation throughout the process, the organization is better prepared to achieve the organizational objectives outlined in the layoff plan.TOPICS: Private equity, financial crises and financial market history, manager selection, performance measurement %U https://jpe.pm-research.com/content/iijpriveq/12/3/94.full.pdf