How can companies effectively balance the need for transparency with the need to maintain confidentiality in order to build trust with their employees during times of change and uncertainty?

Companies can balance the need for transparency and confidentiality by communicating openly about changes that directly impact employees while respecting sensitive information that could cause unnecessary worry or speculation. They should provide regular updates on the reasons behind changes, the potential impact on employees, and the company's overall strategy. It's important for companies to establish clear communication channels, encourage feedback, and address any concerns or questions from employees promptly to build trust and maintain transparency during times of uncertainty. Ultimately, striking a balance between transparency and confidentiality will help foster a culture of trust, openness, and collaboration within the organization.