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In this video, the speaker addresses the challenging topic of employee termination, emphasizing that good leaders feel uneasy about letting someone go due to its impact on the individual, their families, and coworkers. The two main reasons for termination discussed are company restructuring and poor performance. The speaker advises that termination should not come as a surprise; managers should communicate any potential changes proactively to alleviate anxiety among employees. The aim is to conduct the process respectfully and allow everyone to maintain their dignity during this difficult time.