RT Journal Article SR Electronic T1 Selection and Communication in Layoff Planning: The Cornerstones of a Successful Reduction in Force JF The Journal of Private Equity FD Institutional Investor Journals SP 94 OP 103 DO 10.3905/JPE.2009.12.3.094 VO 12 IS 3 A1 Diane M Pfadenhauer YR 2009 UL https://pm-research.com/content/12/3/94.abstract 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