Coping with Financial Crisis: Breaking Bad News and Preparing for Job Loss
This content explores the challenging aspects of financial crises, market crashes, mismanagement, job loss, recession, and bankruptcy. It delves into the repercussions such as redundancy, giving bad news, and the emotional turmoil involved in such situations. It provides insights on how to handle and communicate bad news sensitively, offering support options like re-training opportunities, health insurance, and counseling.
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Presentation Transcript
Financial Crisis Market crash Mis-management Job Loss Recession Shut Down Bankruptcy
Breaking bad news. Personnel Manager Peter Black Redundancy money Notice period Re- training opportunities References Health Insurance Counselling and other support
Preparing to give bad news Giving bad news Other expressions I m afraid I have some bad news. I m very sorry to have to tell you that you are being made redundant There is nothing I can do unfortunately. I wish I could help you. I really do. There s no easy way to say what I have to say. As you may have suspected, I have to tell you that . you are being made redundant The decision is out of my hands. You might want to sit down before you hear what I have to say. It is my unfortunate duty to inform you that .. you are being made redundant I m really sorry. I know this must be a bitter disappointment.
