July 2009
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TD Magazine

Learning Through a Layoff

Thursday, July 23, 2009

The following story was described by Duncan Mathison, a San Diego–based employee retention and engagement consultant.

Client: A pharmaceutical company funded by venture capitalism, direct development, and preclinical trials.

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Problem: Venture capital markets had dried up, forcing the company to lay off employees. As a result, the organization was concerned about the remaining scientists' retention and engagement.

Cause: The layoff resulted in cutbacks of key research programs, and the

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