I heard from my colleague that one of MC members in today dialogue session mentioned "he will still execute PIP and retrenchment exercise the same way again if given that pandemic circumstance" because somebody asked whether it was success or failure with that exercise.
The damages have been made, as outcomes - attrition rate is higher than expected, lost many talents to competitor companies, low moral at the moment, company's reputation and employees' trust have been broken.
There is still no learning yet to handle differently, yeah? HR training alone to conduct PA result won't help much without addressing root cause of creating anxiety for employees.
Something crossed my mind, is it that kind of standard MNC's management has? Is it running as my grandma's coffeshop business, hire and fire staffs on need basic without any foresight? Retrenchment is inevitable - who made mistake of overestimating market to hire until over-staffs??? Nonetheless, it can be handled differently without much damages.
Most people resigned under your section, departmart or division, you failed as a manager since people don't want to work under you. Isn't it manager job to inspire his people to get full potential to contribute for the organization?? Every talent the comapny lost today, they will be helping the competitor comapny to grow. Management will need much effort than giving a small box with fruits to bring up morale of employees