During 2008 and 2009 employers decreased training investment by 11% each year (Bersin and Associates LLC). At the same time, organizations eliminated significant portions of their workforce. According to the Society for Human Resource Management, during the 2nd quarter of 2009, 43% maintained staffing levels with 38% cutting jobs. Compared to the 2nd quarter of 2010, when 48% of companies kept staffing levels flat and only 15% conducted layoffs, things are looking a bit more optimistic. 55% of those layoffs were of managerial and professional talent (SHRM Labor Market Outlook July – September 2010).
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