NEW WAYS OF MANAGING INTERNATIONAL HUMAN RESOURCES IN TIMES OF MULTIPLE GLOBAL CRISES AND DEGLOBALIZATION

Abstract

First, we outline the general trends of globalization. We point out how this has influenced International Human Resource Management (IHRM) trends. After that, we briefly refer to how COVID -19 affected the HR practices of foreign-owned companies. In the next part of our article, we will show how similar the HR practice was in the case of domestic and foreign-owned companies in Hungary in the light of our research conducted during the first and second wave of Covid 19. In our study, we try to show that there is a difference between the HR practices of domestic and foreign-owned companies and organizations.