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During the turbulent Covid19 period, many companies are struggling to stay afloat and are looking to downsize to cut costs. As the head of HR,
During the turbulent Covid19 period, many companies are struggling to stay afloat and are looking to downsize to cut costs. As the head of HR, you are tasked with the authority to start the process of downsizing.
a) How would you go about reducing the workforce?
b) What are some challenges associated with your approach and downsizing in general?
c) Would you implement a hiring freeze in the meantime? Why or why not?
d) What are some opportunities for downsizing? Explain why they are "opportunities."
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