HRRecruitingAlert.com » Layoffs temporary, say many employers

Layoffs temporary, say many employers

September 28, 2009 by Sam Narisi
Posted in: Economy, Hiring, In This Week's E-Newsletter, Latest News & Views

Though many companies have laid off employees, a lot say they’ll bring those workers back once the recession ends.

About 40% of employers say they’ll rehire many employees who were let go during the downturn, according to a recent survey by OI Partners.

Higher numbers were in the industries most affected by the economic downturn. For example, half of respondents in the financial sector expressed interest in rehiring laid-off employees, along with 47% in the construction industry.

The reason: To avoid training costs, it makes sense to bring back people who already know the work and the company.

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One Response to “Layoffs temporary, say many employers”

  1. tyrone wilton Says:

    until our democratic government recognizes the need for small business and their impact on the economy unemployment will continue to rise, giving welfare to people that dont have a job sounds good, helping small business to put the same people to work is way to help the economay grow, People on government welfare will always be the same, just enough to get by, and there is no future for them

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