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In this video, the speaker discusses the sensitive topic of employee termination, emphasizing that it never feels good to let someone go due to its impact on the individual, their family, and colleagues. The speaker identifies two primary reasons for termination: company restructuring and poor performance. It's vital for managers to handle these situations with care and respect. The first step is to ensure that terminations are not a surprise; proactive communication about potential restructuring is essential. Managers should aim to maintain dignity for all involved during the process. The video also encourages viewers to like and subscribe for more insights.