Beyond the crossroads: How to avoid a recession culture

In the face of the recession, it is unsurprising that a number of companies have introduced severe cost-cutting measures, from redundancy programmes, to slashing business travel expense, to capping employee salaries and benefits. Even the Chartered Institute of Personnel and Development (CIPD) has been forced to cut 12% of its workforce in a bid to reduce costs – despite stating at their Harrogate conference that redundancy remains a final resort. We asked ourselves: have the long-term implications of these significant cost-cutting programmes been justly considered?