facebookWhy do companies hire same roles again in a short time frame after going through a retrenchment/restructuring exercise - Seedly

Anonymous

15d ago

βˆ™

Career

Why do companies hire same roles again in a short time frame after going through a retrenchment/restructuring exercise

I noticed similar job ads being posted online after quite a number of staff were let go

Discussion (21)

What are your thoughts?

Learn how to style your text

Png Cheng Xi Damien

10d ago

Happy Life Seeker at Home

The hard truth no one wants to hear:

it is a way to get rid of underperforming or redundant people and try to hire competent ones, and with it bringing newer ideas for the company.

​

You can hire 3 fresh grads by cutting out 1 middle manager, get more ideas in, reduce hierarch and politics, and save money at the same time.

To cut costs by hiring more fresh graduates than the experienced workers

Reduce high cost? Rehire to Lower wages? Maybe the ppl can answe

That what Adidas has been doing for the past 2 years. Not sure why they were not in the news for thi...

Write your thoughts