According to various commentators, we are again heading into a poor business outlook and talk of recession. Companies are starting to think about retrenchment and this is a global issue.
New Zealand businesses can be impacted by the flow-on effect from multi-national decision-making to reduce headcounts.
Small businesses will feel the pinch too. They can't always reduce headcount without slashing reserves of talent. Recently we have been through a tight labour market and the challenges have been