Answer to Question #188108 in Management for Vaibhavi

Question

2. Suppose that you are the HR manager at a firm where hiring-freeze has been declared due to the ongoing pandemic. The plan is to downsize through attrition. What steps would you take to ensure that you reap the advantages of this strategy while minimizing the disadvantages.

Answer 1

Due to the continuing pandemic, management discovered that the business is underperforming and that operating expenses are excessive. As a result, the company considered downsizing by attrition to increase efficiency. This is referred to as corporate downsizing, which is a decrease in the size of an organization and its operational costs in order to increase performance, productivity, and competitiveness. However, the company will have to function with fewer people to complete the same tasks as before the downsizing.

As HR manager, I'll make sure I get the most out of this approach while mitigating the drawbacks. I would be able to eliminate redundant positions and thereby reduce headcount by reducing the workforce. I will handle this situation in a professional manner by convening a meeting with the team members.

Redesigning the job would entail removing unnecessary tasks, which will result in empty roles. The vacant roles will be filled, and the responsibilities will be passed to another role by redesigning. I can ensure that functions are eliminated, jobs are redesigned, work hours are reduced, layers are de-layered, and divisions are merged.

By approaching the structure, I would be able to make improvements to the organization's system. I want to implement cultural changes that will result in cost savings in the long run. This has the beneficial effect of increasing efficiency, which is something that most workers enjoy. The outcomes would be long-term rather than immediate. The emphasis will be on the customer’s service that leads to profitability. This approach will be effective during the major crisis and financial difficulty. caused by the pandemic. During layoffs, I will value employees' integrity, get things done efficiently, and address all legal issues. The strategy would save the business, increase accountability, keep employees, and improve relationships.