Bloomberg data warning | Why are HR jobs currently being slashed at these major firms?

Headlines are rife currently with the news of mass layoffs, especially within the tech and banking industries.

And of course, the weight of the responsibility in making large swathes of the workforce redundant falls to HR. The heavy responsibility of telling colleagues that they no longer have a job is a tough pill to swallow – and is likely one of the most stressful parts of HR’s remit.

However, so much more compounded is the stress of redundancy, when it’s HR practitioners that HR is tasked with making redundant.

According to Bloomberg data released this week, job cuts among the human resources sector are rising at a worrying rate as companies slow hiring and cut their budgets in areas such as diversity and inclusion, and learning and development.