5th Jan 2009 - 00:00
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Abstract
The Chartered Institute of Personnel and Development (CIPD) has warned businesses against making redundancies, suggesting they cost much more than employers think.
"Employers should hold their nerve and focus on retaining talent and investing in the skills of their people. It is these people with their commitment, productivity and ability to add value who will ultimately keep individual businesses and the whole of the UK competitive, and put us in a strong position to recover from the downturn quickly."