Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+

Personnel Today

Register
Log in
Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+

HR strategyDownsizingOpinion

Look on the bright side, it’s not all bad news

by Personnel Today 31 May 2005
by Personnel Today 31 May 2005

I’ll let you in on a family secret: HRH senior also swam in that sea of trouble called human resource management – HRM to the initiated.

Of course, it was different then, as the old git never tires of telling me, when he’s not trying to borrow a tenner to cover his pension shortfall.

“It was payroll and hire and fire back then,” he told me last week over a cup of Earl Grey and a shortbread biscuit. “There were none of these namby-pamby employment protection and maternity rights. We kicked backsides and, if I was you, I’d start learning to do the same. A recession is on the way. It says so in The Independent. That’s why that big girl’s blouse called the election when he did.”

Well I guess if the Lib Dem house paper forecasts doom and gloom then we’d better sit up and take notice.

And the Indy isn’t alone. Other, almost worthy, bodies seem to agree. The Institute of Chartered Accountants forecasts an economic slowdown and the Chartered Institute of Personnel and Development says half of the UK’s employers plan to reduce their workforces in the coming year.

Sign up to our weekly round-up of HR news and guidance

Receive the Personnel Today Direct e-newsletter every Wednesday

OptOut
This field is for validation purposes and should be left unchanged.

This will send a shiver down some HR directors’ spines, but not mine. I’ve almost finished Staffing in a recession, a minor masterpiece that advises the board to prepare for challenging times ahead and place its staff-downsizing policies in safe hands – mine.

I also point out that a recession will have its pluses. Age discrimination can go on the back burner – if you are not hiring, you cannot be accused of discriminating.

Personnel Today

Personnel Today articles are written by an expert team of award-winning journalists who have been covering HR and L&D for many years. Some of our content is attributed to "Personnel Today" for a number of reasons, including: when numerous authors are associated with writing or editing a piece; or when the author is unknown (particularly for older articles).

previous post
HSBC says strike damage minimal
next post
More than half of workers feel burned out

You may also like

Rethinking talent: Who was never considered in the...

7 May 2025

Eight ways to best support grieving employees

6 May 2025

Leading with honest feedback: A responsibility in recruitment

24 Apr 2025

Succession planning now ‘more of a priority than...

24 Apr 2025

Exploring the best London office locations for ‘Zillennials’

16 Apr 2025

High performance is not the preserve of ‘superstar’...

3 Apr 2025

Remote working isn’t bad – it just needs...

1 Apr 2025

What do HR specialists enjoy most about their...

21 Mar 2025

Ben & Jerry’s accuses Unilever for sacking boss...

20 Mar 2025

Sexual harassment: Employees have the right to protection...

18 Mar 2025

  • 2025 Employee Communications Report PROMOTED | HR and leadership...Read more
  • The Majority of Employees Have Their Eyes on Their Next Move PROMOTED | A staggering 65%...Read more
  • Prioritising performance management: Strategies for success (webinar) WEBINAR | In today’s fast-paced...Read more
  • Self-Leadership: The Key to Successful Organisations PROMOTED | Eletive is helping businesses...Read more
  • Retaining Female Talent: Four Ways to Reduce Workplace Drop Out PROMOTED | International Women’s Day...Read more

Personnel Today Jobs
 

Search Jobs

PERSONNEL TODAY

About us
Contact us
Browse all HR topics
Email newsletters
Content feeds
Cookies policy
Privacy policy
Terms and conditions

JOBS

Personnel Today Jobs
Post a job
Why advertise with us?

EVENTS & PRODUCTS

The Personnel Today Awards
The RAD Awards
Employee Benefits
Forum for Expatriate Management
OHW+
Whatmedia

ADVERTISING & PR

Advertising opportunities
Features list 2025

  • Facebook
  • Twitter
  • Instagram
  • Linkedin


© 2011 - 2025 DVV Media International Ltd

Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+