You’re fired: is there a better way to make lay-offs?

Lay-offs in some sectors of the US economy have reached levels not seen since the height of the pandemic. Tech and banking sectors have been hit hard and the collapse of Silicon Valley Bank is bringing more uncertainty. But if headcount has to be cut, how should managers decide who to lay off ? Host Isabel Berwick hears from the FT’s US Financial Editor Brooke Masters on how companies are managing job cuts, and from Andy Milton, founder of the London Tech Network, who tells her about the effect of widespread lay-offs on tech workers in London. Want more?Who to fire: how the biggest companies plan mass lay-offshttps://www.ft.com/content/cb8b5a61-e0fc-4254-9e77-e80e14296718How not to fire peoplehttps://www.ft.com/content/a19b4a08-3fcb-480f-aaa0-1f2ab607447eFT subscriber? Sign up for the weekly Working It newsletter with one click, here. We cover all things workplace and management — plus exclusive reporting on trends, tips and what’s coming next. We'd love to hear from you. What do you like (or not)? What topics should we tackle? Email the team at workingit@ft.com or Isabel directly at isabel.berwick@ft.com. Follow Isabel on LinkedInSubscribe to Working It wherever you get your podcasts — and do leave us a review!Presented by Isabel Berwick. Produced by Manuela Saragosa and Audrey Tinline. The sound engineer is Breen Turner.Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.