You have been hired as the director of HR at Targus Inc., a clothing retailer.Due to a reduction in consumer demand, you have been asked to advise management on how to reduce the amount of staff by 5% over the next 2 years.Although slow, a method for reducing numbers which generally presents the least amount of problems is

Question

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Downsizing through attrition generally presents the least amount of problems as it involves not replacing employees who leave the company voluntarily or retire. This method allows for a smoother transition and avoids the negative impact of sudden layoffs or the cost of offering attractive buyout or early-retirement packages. Additionally, with a reduction target of 5% over two years, this method would provide a gradual decrease in staff without creating an immediate disruption to the company.

You Have Been Hired as the Director of HR at Targus