Posted on August 28, 2022
Arecession is looming, and companies are being forced to respond with hiring freezes and layoffs.
As a result, HR teams are on the frontline of employers’ response to the economic crisis. But, of course, this doesn’t make them immune from layoffs. In fact they are becoming a target since some of their roles, particularly those in talent attraction and acquisition, are increasingly less important to businesses where hiring freezes are in place. .
Tech giants have been leading the way with job cuts in HR departments. At the end of June, Substack laid of 14% of its workforce, including members of HR, operations and support departments.
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