Persistent economic pressures in today’s business landscape require organizations to be constantly vigilant about managing costs. Reducing headcount is one common but often controversial form of cost cutting. Recently Hewlett-Packard announced that it would be cutting an additional 11,000— 16,000 jobs on top of an original plan to let as many as 34,000 workers go as part of a business restructuring and turnaround strategy. Chief Executive Officer (CEO) Meg Whitman said major shifts that are transforming how technology is paid for and consumed pose major challenges for HP, along with its competitors. To be successful in this new reality, she emphasized that HP needs to be lower-cost and more nimble. This is just one of a long list of examples of significant corporate workforce reductions in the face of mounting financial and competitive challenges faced by businesses across many industries. Involuntary turnover is usually a painful subject for all parties involved — notably the terminated employees, their managers, and remaining coworkers. The prevailing view is thatinvoluntary turnoveris a negative experience for employees, imposing on them financial hardship, stress, stunted career progression, and diminished self-esteem. Mass reductions in force (RIFs) are also disruptive for organizations because they lose talentto competitors, damage theirreputations with employees and communities, and experience reduced productivity by surviving employees from the associated stress. Trust and loyalty in the employee—employer relationship are often severely compromised. Unfortunately, sometimes organizations have little choice. They either must reduce their workforce or watch the entire enterprise fail and take all of the company’s jobs along with it.