The Impact of Workforce Reductions
Boca Raton, FL — March 13, 2023
Brandon Hall Group, the leading independent HCM research and analyst firm, is launching a study on March 14 to gain insight into how organizations are working through reductions in their workforce.
“Reductions in the workforce have become a reality for many organizations during these turbulent times. The impact of these reductions will have short- and long-term effects on their workforce. This survey explores the extent of reductions in the workforce, and their impact on employees, managers and the organization,” said Michael Rochelle, Chief Strategy Officer and Principal HCM Analyst.
Brandon Hall Group’s research initiative seeks to uncover the following about workforce reductions:
- Timing of reductions
- Assistance to laid-off employees
- Impact on remaining managers and employees
- Impact on organization
- Future workforce considerations
To participate in this study, go to Brandon Hall Group Workforce Reduction Research. Participants will receive summary results of the research six to eight weeks after the survey launch.
“The urgency of addressing a workforce reduction’s impact on the viability of an organization is a top priority for HR organizations. If not handled properly, a reduction will permanently impact an organization’s ability to attract and retain talent,” said Brandon Hall Group CEO Mike Cooke.
This quantitative research will be complemented with qualitative interviews. The data and insights will fuel the development of research reports and tools — such as self-assessment tools, models and frameworks — to help organizations improve talent retention efforts.
About Brandon Hall Group:
Brandon Hall Group is the only professional development company that offers data, research, insights and certification to Learning and Talent executives and organizations. The best minds in Human Capital Management (HCM) choose Brandon Hall Group to help them create future-proof employee development plans for the new era.
For over 30 years, we have empowered, recognized and certified excellence in organizations around the world influencing the development of over 10 million employees and executives. Our HCM Excellence Awards program was the first to recognize organizations for learning and talent and is the gold standard, known as the “Academy Awards of Human Capital Management.”
Our cloud-based platform delivers evidence-based insights in the areas of Learning and Development, Talent Management, Leadership Development, Diversity and Inclusion, Talent Acquisition and HR for corporate organizations and HCM solution providers.
To learn more, visit www.brandonhall.com.