HR Simulation Q8
After our seventh quarter success, the eighth quarter was abysmal. With over one hundred employees that had to be terminated, we had to spend a substantial amount of our budget on severance pay. Unfortunately, we were already short of money compared to where we originally hoped to be. This meant that we had to cut spending in our main programs, and were unable to give our employees substantial raises. Because of the massive amount of firings, the morale of our employees plummeted. This also led to lowered productivity and increased absenteeism. Our company, in one quarter, went from above average to last or next to last in the industry in almost all important performance categories.
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