"Layoffs improve efficiency and lower costs." How would you best describe this statement?
A) It's True. Smart cost reductions save companies in trouble.
B) It's False, although downsizing was highly regarded at first.
C) It's False. Downsizing does not have positive benefits for the organization.
D) It's True, but only for some organizations; others do better by offering a strong commitment to job security.

Question

Quizplus · Accepted Answer

While layoffs may improve efficiency and lower costs for some organizations, others may benefit more from offering job security and promoting employee loyalty. It ultimately depends on the specific circumstances and needs of the organization. Therefore, choice D provides the most accurate and nuanced answer.

"Layoffs Improve Efficiency and Lower Costs