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.
-Lina tells management that another option at their disposal for easing the labor-cost crunch would be ________, which is a temporary involuntary termination that could last a few days or extend to years.
A) early retirements
B) firing
C) layoffs
D) reduced workweeks
Correct Answer:
Verified
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