PT - JOURNAL ARTICLE AU - Diane M Pfadenhauer TI - Selection and Communication in Layoff Planning: <em>The Cornerstones of a Successful Reduction in Force</em> AID - 10.3905/JPE.2009.12.3.094 DP - 2009 May 31 TA - The Journal of Private Equity PG - 94--103 VI - 12 IP - 3 4099 - https://pm-research.com/content/12/3/94.short 4100 - https://pm-research.com/content/12/3/94.full AB - 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