'Slow to hire, quick to fire' is an often proclaimed mantra. But is this the right method? Letting go of employees (under most circumstances) is not pleasant for either party, so be prepared (e.g., have specific examples of misconduct, including a paper trail) and try to make the transition as professional as possible. And before you inform the employee, consider your timing. While pink slips on Fridays are common, earlier in the week gives employees a chance to contact important offices to get their situation in order, making the chopping block a little less painful.
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