A CIPD employee has hit out at the institute’s decision to axe 41 jobs, claiming the body was not facing major financial difficulties.
Staff at the Chartered Institute of Personnel and Development had just one day’s notice to be present for the redundancy announcement last Thursday, which led to 12% of the workforce being sacked.
But a member of staff, who wanted to remain anonymous, contacted Personnel Today in outrage. The insider said: “The CIPD has no debt and extensive reserves, so I fail to understand how it has come to this decision.”
According to its 2007-08 annual report, the CIPD boasted a 10% rise in income, to reach £34.9m.
A spokesmansaid the cuts, which will affect all departments at head office in Wimbledon, were a last resort. “Membership subscriptions have been frozen this year and we have to find operational efficiencies,” he said.