Capital Management Is in a Budget Crunch and Plans to Make

Multiple Choice

Capital Management is in a budget crunch and plans to make major layoffs next month.What is the best advice for communicating this crisis to employees?

A) Because the grapevine is so effective, use this tool to get word out to all employees quickly.
B) Deliver the bad news to employees personally if possible.
C) To be upfront about what is going on, announce the bad news in the first sentence of an e-mail message.
D) Let employees learn about the layoffs in the local newspaper.