According to Professor Gerold Frick, director of the German human resources management association (Deutsche Gesellschaft für Personalführung or DGFP), whose members signed the statement, the idea of this initiative emerged last November at an HRD meeting on how to face the crisis. “We expressed concern that firms may repeat the mistakes made during previous crises by laying off too many workers too quickly before having exploited all measures for flexible working time. We wanted to send a strong signal”, confirmed Mr. Frick to Planet Labor. Indeed, HRDs say that the stakes are high. Firms which lay off skilled employees today to improve their short-term financial situation will not have the people they need for economic recovery to ensure their success and development. They gave the following warning: “A measure which seems justified in the short term may prove prejudicial to the company in the long term”.
ises by laying off too many workers too quickly before having exploited all measures for flexible working time. We wanted to send a strong signal”, confirmed Mr. Frick to Planet Labor. Indeed, HRDs say that the stakes are high. Firms which lay off skilled employees today to improve their short-term financial situation will not have the people they need for economic recovery to ensure their success and development.
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