Business management

As a manager, how would you deal with resistance to change when you suspect employees’ fears of job loss are well founded? What is the best way to deal with a situation like? Please provide three recommendations as a manager.
Should a manager be as open and honest about it as possible? Should employees be given all the information that is available, as soon as it becomes available, so that they can begin to plan for the transition? If possible, should arrangements be made to help affected employees find new positions in the company or with another employer? Or should managers ignore the situation?

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