A Sign of the Times (Scenario)
After hearing of the threat for a long time, Lina's company had finally decided that it must "right- size," and this meant coming up with a plan for reducing the current size of the workforce at her manufacturing plant. The job was left to her, and as much as she hated doing this part of her job, it was necessary for the survival of the company and not just an effort to inflate their stock price. She also appreciated that her company was willing to try many different routes to decrease their labor costs, which was consistent with the positive way the company had treated their employees in the past.
-Another option that may help would be to have employees share jobs or perform their jobs on a part- time basis, an option known as________ .
A) layoffs
B) early retirements
C) firing
D) reduced workweeks

Question

Quizplus · Accepted Answer

The option mentioned in the scenario is to have employees share jobs or perform their jobs on a part-time basis, which is known as reduced workweeks. This option allows the company to reduce labor costs while still maintaining their workforce and avoiding layoffs or firing. Early retirements may be an option for some employees, but it may not work for everyone and could cause a loss of valuable experience and skills.