Economic Slowdown: HR News, Trends & Workplace Insights

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

Updated on: Sep 2022

Economic Slowdown

Talent Strategy at Thomas Cook during Downturn

Sep 9, 2022

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 ...

Economic Slowdown

Sep 6, 2022

Role of HR Communication in Times of Economic Uncertainty

Seeking Certainty in an Uncertain World

Inflation? Recession? COVID variants? Hybrid work? Political upheavals? Natural disasters? Technol...

Economic Slowdown

Sep 5, 2022

The Impact of Global Recession on Indias Job Market in FY

Impact? It is all probable no direct or indirect correlation would be justifiable at this juncture....

Economic Slowdown

Sep 2, 2022

The Impact of Global Recession on Indias Job Market in FY

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

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

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

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

Economic Slowdown

Role of CHROs in Economic Downturn

The chief human resources officer (CHRO) and other HR professionals now play a more important role in helping CEOs manage workers now more than ever because of the issues of the pandemic and the economic downturn that has impacted businesses. This has given the perfect storm of cultural change, employee stress, business problem, and opportunity. […]

Aug 25, 2022

Industry

Meta slashes hiring plans in 2022

The social media and technology company, Meta Platforms (META) CEO Mark Zuckerberg informed the employees that the company has cut plans to hire engineers by at least 30% this year. The company has reduced its target for hiring engineers in 2022 to around 6,000-7,000, down from an initial plan to hire about 10,000 new engineers, […]

Jul 4, 2022

Industry

US economy will likely fall into a mild recession by end of 2022: Nomura

The US economy will likely fall into a mild recession by the end of 2022 as the Federal Reserve raises rates to tame prices, according to economists at Nomura Holdings Inc. Nomura warns that financial conditions will tighten further, consumers sentiment is souring, energy and food supply distortions have worsened and the global growth outlook […]

Jun 23, 2022

Industry

Spotify to slow its hiring by 25% due to Economic Uncertainty

Popular global audio streaming service, Spotify Technology Chief Executive Officer Daniel Ek has informed the staff that the company will reduce its hiring by 25%. Daniel said, “Spotify would reduce hiring growth by 25%. The company would continue to still hire and grow, we are just going to slow that pace and be a bit […]

Jun 16, 2022

Blogosphere

The Important Role of HR in Mergers & Acquisitions in 2021

The Important Role of HR in Mergers & Acquisitions in 2021 After a slowdown in 2020 due to the Covid-19 crisis and its impact on global economy most experts expect a strong increase of mergers & acquisitions in 2021 in many industries on national and international level. For this reason, it is appropriate to remember […]

Apr 1, 2021

Economic Slowdown

The Impact of Recession on HR Practices

No one saw the recession coming- Gordon Ramsay Very apt to understand that nobody is or can be actually fully ready as we don’t see it coming. This is where and why HR has been more predictive, intuitive, and prepared to meet the need of time. It’s wise to PREPARE for the worst and sail […]

Feb 28, 2021

Guest Appearance

Dave Ulrich on 10 emerging leadership skillsets of the future

In conversation with Dave Ulrich on 10 emerging leadership skillsets of the future Dave Ulrich, the Rensis Likert professor of business at the Ross School of Business, University of Michigan and co-founder of The RBL Group. He has published over 200 articles and book chapters and over 30 books on organization, talent, leadership, and HR… He edited Human Resource […]

Sep 30, 2020

Coronavirus

MakeMyTrip is laying off about 350 employees

MakeMyTrip announced that it is laying off about 350 employees due to the global travel ban because of the COVID-19 pandemic. Gurugram based, online travel aggregator MakeMyTrip is laying off around 350 employees, or 10% of its workforce, citing business slowdown due to the global travel restrictions to combat the spread of COVID-19. Group Executive […]

Jun 2, 2020