Assume that you are the manager of human resourcesat a manufacturing company that employs about 500people. A recent cyclical downturn in your industry hasled to financial losses, and top management is talkingabout laying off workers. Several supervisors have cometo you with creative ways of keeping employees on thepayroll, such as sharing workers with other local companies. Why might you want to consider this option?What other options exist besides layoffs?
Assume that you are the manager of human resourcesat a manufacturing company that employs about 500people. A recent cyclical downturn in your industry hasled to financial losses, and top management is talkingabout laying off workers. Several supervisors have cometo you with creative ways of keeping employees on thepayroll, such as sharing workers with other local companies. Why might you want to consider this option?What other options exist besides layoffs?
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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Assume that you are the manager of human resources
at a manufacturing company that employs about 500
people. A recent cyclical downturn in your industry has
led to financial losses, and top management is talking
about laying off workers. Several supervisors have come
to you with creative ways of keeping employees on the
payroll, such as sharing workers with other local companies. Why might you want to consider this option?
What other options exist besides layoffs?
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