RT III: Mini Case Study (10 points) Haxok is an international and well-known firm, but it has been through numerous crises in the past few years. In fact, at one point several years ago, there were questions about Haxok surviving as a firm. Under the leadership of Mohammed Aljalafi as CEO, Haxok has rebounded. A few strategic business and financial decisions had to be made, including reducing the workforce by 30,000. But Aljalafi also stressed that HR had to become a more strategic contributor. One of the actions taken a Service Center. This center performs many administrative transactions and has added Internet- based systems to make HR services more accessible to managers and employees. To track employees' views on the company and HR, employee surveys on the company intranet have been used for several years. Areas at which lower scores were recorded have been addressed by HR staff and other managers. The survey results have led to another primary focus at Haxok: employee retention. With all of the reductions and organizational restructuring, keeping the remaining significant time and resources into the training and development of its employees, an important retention factor. Greater use of e-learning, technology, and leadership development has paid off in reducing turnover and convincing employees that career opportunities exist at Haxok. Continuing Fompetitive pressures are presenting new challenges for Haxok and its HR staff. The strategic mportance of HR has been demonstrated in the past and looks to be a part of the firm's future. What are the challenges faced by HR management when significant staff cutbacks occur ar w they should be addressed. (5 points)