A while back I took the word of a few sources and predicted the removal of Juan Pujadas as leader of PwC Advisory Services for the US. If only wishing made it so…
If you need a taste of his management style and philosophy, just take a look at this excerpt from the above mentioned interview:
Interviewer: Certainly many companies have bungled layoffs. In the book you say there is a right and a wrong way to handle layoffs. Can you share one of the many layoff tips from the book with us?
Pate: Most people think Friday is the best time for layoffs, but I always recommend Monday morning. A Friday layoff leaves your employee with two days of unstructured time that can’t be spent on a new job search. And the remaining employees will be unsettled all weekend having had no opportunity to ask questions and process the changes. After you’ve conducted the layoffs in the morning, call a meeting for Monday afternoon to present the financial data explaining why the layoffs were necessary and how the saved costs will help put the company back on course.
So PwC Advisory folks, beware the meeting called for early Monday morning!