In response to a turndown in the economic fortunes of my firm, I have just completed a downsizing exercise. A small number of my staff were made redundant. However, the firm’s financial position has suddenly perked up markedly. I am getting new orders. So, when can I start recruiting again to deal with this new demand?
My company is in a redundancy situation. We are making considerably less money than last year, and the order books this year are not encouraging. I need to slim down the workforce. What should I discuss with those at risk of redundancy in the individual consultation meetings?