Q: I have to let several staff members go. I feel awful about it, but it is part of a company-wide redundancy plan. I am not supposed to reveal these layoffs for another few weeks. But I know one person I must let go is about to go under contract for a new home before then. What is my obligation to tell this person, before he risks losing thousands in a contract he might not be able to complete once he loses his job?
A: You are caught between your obligations to the firm and your desire to be a compassionate human being. There’s a right answer here — and you’re not going to like it.
There are two key stakeholders here: The company, to which you are contractually bound, and the employee, who assumes he will have a job into the future and has committed himself financially to a new house.
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