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Four mistakes to avoid when downsizing your business

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Expert advice on how to navigate business downsizing effectively prioritising quality, performance-based layoffs and legal compliance.

Don’t compromise on quality and standard of service

“This will allow you to trim your workforce to retain the most efficient staff [members],” Mabasa explained.Outsource rather than hiring full-time “For example, you can set certain key performance indicators for employees and review every six months,” Mabasa explained.

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