The dictionary defines redundancy as the state of being no longer needed or useful. Looking at this definition and the negative connotations with which it often comes can help us to understand and explore why it can have such devastating effects for some. On the flip side however, redundancy does not have to be limiting. It can be a positive, life-changing event for those who are able to work through the set-backs and find a new way forward.
Businesses sometimes have to make difficult decisions. This may because of economics or takeovers. It is never an easy time so it’s important to manage staff wellbeing in what can be life changing circumstances for many. It can create a real crisis of confidence for the people concerned. This is mainly because redundancy can bring a sudden sense of loss in two areas; the practical loss of income and the psychological impact of loss of status, companionship and the mental well-being associated with being fully employed. It can also undermine our sense of self-esteem and bring about a fear of what’s to come in the future.
Redundancy, takeovers or TUPE can be managed better with psychological and practical support from Working Minds.