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It’s all about couching it within some good news… for example: “The bad news is that you’re all fired and we’re not offering severance packages. But look on the bright side, you hated working here anyway and the economy is super strong right now, so you’ll land on your feet.”
Following to know how to prepare myself for the bad news
Be transparent. Proactively acknowledge and address emotions/questions/concerns that may arise. Solicit feedback and action upon it.
Also, this is a good question for ChatGPT.
Hire McKinsey?
Don’t try to sugar coat it. Be honest, direct and as transparent about the why or where the data is coming from as possible. Allow people to be human, let them have emotion but also don’t let it derail the conversation.