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November 2018
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TD Magazine

Closing a Company With Heart

When you have to let employees go, leadership and coaching can help you do it with compassion.

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Ten years after its inception, a clean energy joint venture's technology had progressed well; however, its parent companies felt the timing was right to bring the technology back to their respective development teams. Board members from both parent companies informed their subsidiary's senior management team that it would be shutting its doors.

When I learned of the closure in a meeting with tw

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