The Credit Crunch

Well, first week back to work in August after our holidays and I had to review the staffing in my Department. My Director asked me to make some cuts as the level of work through the business had slowed down significantly due to the down turn in the housing market. I had to assess the current & future work load & then decide how many staff I could let go. I had already had a couple of staff leave earlier in the year which I had decided not to replace, so I only needed to let one person go. For the next stage I had to conduct a review for each member of staff to be able to come to a fair decsion on who would be made redundant. I was a hard few days. The total number of staff who were made redundant was significant. But it was absolutly necesssery if the business is to survive the credit crunch.