Final answer:
The statement that separations due to poor performance, layoffs, or restructuring, as well as employees quitting are part of the staffing function, is True. These methods are strategically used by businesses to handle economic challenges and retain valuable employees, while managing the impact on workforce morale and commitment.
Step-by-step explanation:
Separations due to poor performance, layoffs, or restructuring as well as employees quitting are indeed part of the staffing function. The statement is True. When businesses face poor economic conditions, they may resort to these methods to retain the most valuable employees and maintain company health. Layoffs and restructuring can be strategic choices in uncertain economic times, allowing businesses to pivot and adapt to new market conditions or to correct for potential overstaffing. Additionally, these staffing decisions can stem from a desire to avoid the adverse selection of wage cuts, which might inadvertently lead to the departure of the best talent and retention of less capable employees.
Companies may engage in downsizing as a response to failing to meet profit goals or as a part of strategic readjustment, often involving industrial-organizational psychologists to manage the process and its impact on employees. This approach can affect not only those laid off but also the morale and commitment of the remaining workforce. Therefore, understanding the complexity of staffing functions is crucial for organizational leaders aiming to navigate through challenging periods effectively without compromising the firm's human capital.