Need to lay off staff from your team? Five tips on how to prepare

One of the less pleasant duties of a manager is notifying subordinates that they are being laid off. This necessary task is even less pleasant when it is not a case of firing an unproductive subordinate who is failing to fulfil their duties, but rather a consequence of the company deciding, for whatever reason, to downsize and the manager has to reduce the number of people on their team. Are there any layoffs at your company? And do you expect you too will have to let some of your subordinates go? Here are five tips on how to prepare for this unpleasant situation.