Saturday, September 27, 2008

Impact of Credit crunch on hr functions

Impact of credit crunch on hr functions:
Is the ongoing credit crunch going to affect hr functions; especially in markets/industries affected by the same.? Considering the conventional approches of right sizing and outsourcing to reduce overheads and costs has a backlash on unemployment and consumption, what other measures can hr managers contribute to help tide over these difficult times?

post your answers at my Q&A at linkedin.