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Economic Downturn: HR News, Trends & Workplace Insights

Latest Economic Downturn HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on Economic Downturn.

Updated on: Feb 2023
Prioritising Workforce Upskilling in an Economic Downturn
Economic Slowdown

Prioritising Workforce Upskilling in an Economic Downturn

Feb 9, 2023

Companies Layoff over , employees in days this year

According to media reports on layoff, In the first half of the year that is from January to Jun...

Industry
Jan 21, 2023
Companies Layoff over , employees in days this year

Despite economic outrage, employees still hold power in workplace

Infosys, a global leader in next-generation digital services and consulting, and WSJ Intelligence, a...

Survey & Report
Dec 15, 2022
Despite economic outrage, employees still hold power in workplace

Changing Role of HR in Global Recession

Recession times are tough for organizations and employees. The role of Human Resources during an eco...

Economic Slowdown
Sep 16, 2022
Changing Role of HR in Global Recession
5 H of Employee Retention Plan to Win Tough Times
Employee Retention

5 H of Employee Retention Plan to Win Tough Times

While the world is staring at recession, India’s growth story continues to shine. According to a recent survey by Bloomberg, the probability of India slipping into recession is zero. Most forecasts including the recent one from IMF have predicted India’s GDP growth for FY 23 to be more than 7%. As the world stares at recession, the […]

Sep 14, 2022
How Can HRs be Prepared for a Recession in India?
Economic Slowdown

How Can HRs be Prepared for a Recession in India?

Though it’s not uncommon to hear the predictions of a worldwide recession, it is also true that India is considered to be one of the most resilient economies when it comes to recession. Simply put, recession means an economic decline for a few consecutive months, thereby adversely impacting businesses, real GDP, sales, and consumer sentiment. […]

Sep 13, 2022
Winning Talent Management Strategies During Global Downturn
Economic Slowdown

Winning Talent Management Strategies During Global Downturn

The Job Demands-Resources (JD-R) Model by Arnold Bakker and Evangelia Demerouti has always fascinated me. People will be engaged when Job Demands i.e., an emotionally, mentally, or physically demanding job, job complexity, and work pressure are compensated with a similar (or higher) level of Job Resources i.e., autonomy, performance feedback, social support, coaching, relevant knowledge.  […]

Sep 12, 2022
Role of HR Communication in Times of Economic Uncertainty
Economic Slowdown

Role of HR Communication in Times of Economic Uncertainty

Just when we believed the world was settling down to a semblance of normalcy after the Covid crisis and the Russian crisis, we were re-introduced to the depressing R(recession) -word. A recent McKinney quarterly survey spoke about a bleak economic outlook for the second half of 2022. Coming on the heels of a long phase […]

Sep 6, 2022
The Impact of Global Recession on India’s Job Market in FY23
Economic Slowdown

The Impact of Global Recession on India’s Job Market in FY23

Impact? It is all probable; no direct or indirect correlation would be justifiable at this juncture. The projection frames that the United States might tip into recession. India is at a phase where the emphasis is on moderating policies around inflation control which help will hold India at a considerably better level than other countries […]

Sep 2, 2022
Parag Bengali, Director, HR & Finance, Bisleri on Recession Fear
Guest Appearance

Parag Bengali, Director, HR & Finance, Bisleri on Recession Fear

In Conversation with Parag Bengali, Director – HR & Finance at Bisleri International Pvt. Ltd on Recession Fear Parag Bengali is Director – HR & Finance at Bisleri International Pvt. Ltd. He comes with over three decades of industry experience. He has been responsible for talent management and capability development. He has been associated with […]

Sep 1, 2022
3M plans for Job cuts & layoffs 
Industry

3M plans for Job cuts & layoffs 

According to Bloomberg, An American multinational conglomerate operating in the fields of industry, 3M is planning Job cuts and Layoffs. It is expected that the company plans to realign and reduce its structure from the safety and industrial division. According to the message, 3M is planning to streamline its portfolio and rethink business processes, as […]

Sep 1, 2022
S.V. Nathan on Impact of US Recession on Indian Job Market
Economic Slowdown

S.V. Nathan on Impact of US Recession on Indian Job Market

In Conversation with S.V. Nathan, Partner, and Chief Talent Officer, Deloitte India on Impact of US Recession on Indian Job Market S.V. Nathan has over three decades of experience in HR management, across diverse industries including Manufacturing, Hospitality, IT, Telecom, and Professional Services. He is a respected voice of the HR profession in India, […]

Aug 30, 2022
Leading in a Slowing Economy
Economic Slowdown

Leading in a Slowing Economy

As per the World Economic Outlook published by IMF, the global growth is projected to slow down from an estimated 6.1 percent in 2021 to 3.6 percent in 2022 and 2023 and the trend is expected to follow in the medium term. After more than two years of the pandemic, the war in Ukraine and […]

Aug 26, 2022