Peter's Blog

Reducing staff during an economic downturn is, for some companies, an exercise they just have to go through. But how do these same companies know that they are keeping the right people, especially when some of them do not even know how to recruit properly in the first place?  

I have seen companies who make the people who earn the highest salary redundant to save on costs, but do they also consider what these people bring to their positions and what experience and knowledge they have that will be of benefit in later times? Can they afford to let these people go to the competition?