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Recession 2008 Versus 2023: Lessons Learned and Key Workforce Differences

HR C-Suite

During the 2008 great recession, I was a CHRO for a health system in California. We were thrust into responding to the market downturn and slow recovery. To remain viable, we had to make very hard workforce related decisions including but not limited to laying off 180+ employees, consolidating, and shutting down services.

CHRO 52
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Parallel Paths out of a Crisis

Big Ideas, in Brief

What similarities are there between the CFO response to the 2008 Great Recession and the response of the CHRO coming out of the disruption seen in 2020?

CHRO 67
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Episode 387: Understanding the Business, Influencing, and Design Thinking With Gabrielle Lorestani

Workology

This podcast is part of a series on the Workology Podcast focused on the roles and responsibilities of the Chief Human Resources Officer or CHRO. The CHRO podcast series on Workology is sponsored by HR Benchmark Survey. The economy was still not in a great place from the 2008 recession. So I graduated in 2010.

CHRO 56
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Need Budget Approval for Your HR Initiative? These CFOs Have Tips for Getting the Green Light 

15Five

This is nothing like 2008 [or other previous recessions], but it is a slowdown, so that means pencils are sharper,” he said. Between the fear of a looming recession and the recent banking crisis, companies today are experiencing a little financial panic. There’s a more critical eye when activities are put in front of the CFO.

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Assessing Values in Online Technology Part 4

HR Examiner

The breakdown of participants looks like: CHRO and Vice President of HR: 30%. Over the course of a 90 day period (Ending on 5 September 2019), we collected survey responses from 542 individuals. We used email lists to target HR executives. We did not purchase any responses. Director Talent Acquisition: 12%. Recruiting: 17%. L&D: 9%.

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Focusing on Emotional Intelligence at Work?

EverFi - HR

Download Free The High Costs of Workplace Conflict Research shows that, between 2008 and 2022, the rate of people who report dealing with conflict at work “often” increased by 24%+. Unhealthy workplace conflict, if left unchecked, can have far-reaching consequences and significantly impact a company’s bottom line.

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Is the HR Accountable for Mass Layoffs?

Keka HR Blog

The responsibility of keeping survivors hanging on, resume work after the layoffs of their peers inevitably falls on HRs. “It will definitely take a toll on the HR professionals because they also go through their emotional highs and lows,” Vinod Parur, CHRO, RR Kabel, told HR Katha. Worst victims of layoffs. and General Motors Co.,