- Given the delicate global moment that we are experiencing, various companies have resorted to cutting staff to continue with their services.
- Job uncertainty generates uncertainty and various damages to the mental health of workers.
- It is estimated that during 2017 alone, the Burnout Syndrome caused losses of 16 billion pesos to Mexican companies.
Staff cuts have become one of the biggest problems related to stress, anxiety and fear among employees. So far in 2022, various traditional companies and startups have been forced to resort to massive layoffs as a way to deal with the global crisis. For the same, the job uncertainty is present in all areas and is a problem that must be known how to face.
The studies that have come to light have not been encouraging at all. According to the World Unemployment and Social Outlook 2022 report from the International Labor Organization (ILO), it is expected that this year there will be 28.8 million unemployed in Latin America and 27.6 million more in 2023.
Now, concern about job uncertainty affects people’s mood and in the end an atmosphere of concern is generated. As a consequence, the overall performance decreases and a delicate environment develops.
If in your case you must resort to downsizing, we recommend you follow the following tips to maintain stability in the rest of the staff.
Engage in direct and assertive communication
Talk openly with your collaborators about what has happened. Explain the reasons for such a difficult decision, tell how you feel about it and communicate what the current challenges of the business are, they help establish a closer bond in order to express what is behind a cut in personnel.
Avoid overloading your team with tasks
Anxiety and stress are also generated due to the assignment of new functions that comes after a reduction in personnel. Although there is no doubt that the tasks should be distributed, this does not mean that they should be overloaded. It must be remembered that according to the AON consultancy, since 2017, only in Mexico, the Burnout syndrome caused losses of 16 billion pesos to companies. Receiving correct advice on how to cope with this situation is the best solution.
Train company leaders
They need to be trained in emotional intelligenceconscious leadership and assertive communication so that they can motivate and guide their teams and thus increase their full employment, productivity and commitment during and after organizational changes.
Develop an emotional well-being and mental health plan
According to the situation and size of the company, it analyzes the needs and possibilities of provide them with therapy sessions, coaching and group meditation and yoga classes so that they can increase their emotional well-being and mental health in the workplace and personally.
On the other hand, digital calculator data moment, in a company for every thousand employees: 250 could be struggling with a mental health problem. This will generate a total of 5,300 days lost per year due to said problem and can cause an expense of 286 thousand dollars per year due to factors such as absenteeism, lack of productivity and labor turnover. Therapy and coaching work perfectly to eradicate these problems by bringing benefits such as:
● Work on emotional intelligence to face changes.
● Increase motivation and commitment to carry out new projects.
● Increase teamwork.
● Develop adaptability to changes.
● Improve the working environment.
● Reduce anxiety and work stress
A downsizing is an emotionally challenging time for everyone in a company. Eradicating its consequences not only benefits employees but also startups.