Organizations are facing gloomy times. The financial crises, recessions, and economic depressions are not new phenomena, but their occurrence is definitely a cause for great concern among many. This is because no matter how well we study the history of downturns such as these, dealing with them when they do happen again is still just as difficult. Most organizations will wonder, for instance, how to control recession effects on human resource performance, and employee performance in general.
For the most part, this would fall to the efforts of the human resource department. In fact, the human resource department would probably need to handle the most important part of the recession coping strategies, but have the human resource department informed the employees that we are in recession or are they in denial. Only when the organization faces reality and informs the employees on what is going on systematically, the employees will know how to adapt to such crisis.