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In this video tutorial, Nancy from Career Views discusses how to fire an employee gracefully. Key steps include providing clear reasons for the termination, detailing the unmet expectations that led to the decision. It's crucial to conduct the conversation in a private space to avoid humiliation and maintain the employee's dignity, as public firings can lower morale and are considered unethical. Additionally, ensure all actions comply with legal guidelines, and that the reasons for termination are documented in the employee's contract. Overall, the emphasis is on respectful communication and lawful practices during the termination process.