Cash-strapped firms seek help on staff cuts

Allen, Andy
September 2008
People Management;9/18/2008, Vol. 14 Issue 19, p10
The article reports on the challenges faced by human resources (HR) professionals in coping with redundancies caused by dire economic conditions in Great Britain. Robin Wood of Career Management Consultants says nearly half of his clients are engaged in restructuring, but many HR professionals have little recent experience of managing large-scale redundancies. Peninsula has released a survey of employers showing that 88% believed the credit crunch was having an adverse impact on business.


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