Over the last two weeks I”ve talked with more than a dozen HR Tech companies that decided to lay off a large percentage of their workforce, and a new article in the WSJ lists dozens of Silicon Valley tech companies letting thousands of people go.
In the last 6 weeks three of my closest friends have been laid off from their positions, and each case gives an example of how difficult it is to manage such programs effectively. Our research report The Manager’s Guide to Successful Downsizing highlights many of these topics in detail, but let me give a few ... Read more»
Here we are entering the worst recession in more than 30 years, reading about layoffs, downsizing, and restructuring in almost every industry. So why would I start our 2009 research with a discussion about the need to focus on recruiting? Well, contrary to what many may believe, even in times of job reductions recruiting must ... Read more»
Our soon to be published research on corporate L&D spending in 2008 shows a definite slowdown in spending on corporate training. (An 11% drop!) This is certainly not a surprise – in August our research panel shows that today’s corporate talent managers cite “a need to reduce costs” as their #1 business challenge (54% of ... Read more»