Getting layoff is a very stressful experience for the staff. It is not affecting his financial position, but it has negative implication to his social and personal confidence. They family will be affecting especially if he is the sole bread winner.
Has a small team to manage the separation and include some representative from the staff groups. Identify the ways to assist the staff. By having the team and the representative, it will give the staff confident that the management cares, not only for the well being of the organisation, but the welfare of the staff.
b. Training
Provide training for certain transferable skills and guides for getting jobs. Subject such as CV writing, interview skills, IT skills can help them land into employment. Managing money will be another area of interest.
The company will be in better position to establish linkages with other organisations and build up data base on career opportunities available in other companies. The CV of the staff may be sent to other organisation to check for possible careers.
The staff may be given option to consider different post with the common skill thread. For example, an engineer is known to have the love for numbers and science and they are able to examine facts based on logical thinking. The same skill are also noted in accountancy, so if the retrenched are engineers, they may like to consider the option of switching career to accountancy.
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