How To Say: "You're Fired!"

This is sort of timely. Not that I'm in the position of hiring or firing, but HBS Working Knowledge has advice for those of you who do. These economic times are tough for everyone involved. After the amazing economic growth of the last decade, the managerial ranks are full of people who know only what it's like to manage during the good times. But with more and more companies facing lower profitability and straitened finances, layoffs are becoming a reality that managers must prepare to handle. ... Letting people go is an emotional eventónot just for those being laid off but for those who remain. Of course those who are let go need help with the transition to new employment. But the employees who survive the cutbacks also need reassurance about their own futureóand an understanding of the strategic goals behind the cuts.