global economic downturn has profound implications for human resources management in organizations.

Name: global economic downturn has profound implications for human resources management in organizations.
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Question

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During an economic downturn, organizations may face challenges such as budget cuts, layoffs, and reduced productivity. This requires human resources management to adapt strategies to maintain employee morale, retain key talent, and ensure effective communication with employees.

Global Economic Downturn Has Profound Implications for Human Resources Management