Circuit City's Example
The most humane thing that employers can do when they downsize or go out of business is also the most obvious: Help employees find new work.
People face economic and emotional hardships when they lose their jobs. Money solves the economic problem, but most people need work to satisfy the emotional one.
While there is always a "too little too late" quality to corporate initiatives to soften the blow of downsizing or unemployment, such initiatives are certainly better than doing nothing.
One employer that seems to be trying to help is Circuit City. Last week, the company held a job fair for 1,500 former employees from its corporate office in Richmond, Virginia. The fair attracted 80 of the top employers in the area. On February 11, Circuit City plans to put on another job fair in Ardmore, Oklahoma, for 131 employees at its distribution center there. In addition to the job fairs, the company has also of held workshops on how to write résumés and develop interview skills. I do not know how many former Circuit City will get jobs at these fairs, but they are at least attempting to give their people what they need - work.
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