Which of the following is true with regard to workforce reduction and employee termination?
A)In the United States, declaring bankruptcy does not enable firms to shed labor during company reorganization.
B)Laying off workers requires management to consider local norms, regulations, and labor unions.
C)Most European countries do not restrict firms' ability to lay off workers.
D)In most countries, the employer is considered the weaker party.

Question

Quizplus · Accepted Answer

Laying off workers requires management to consider local norms, regulations, and labor unions. Each country has its own laws and norms regarding workforce reduction and employee termination. In some countries, labor unions have strong bargaining power and may require negotiations before layoffs can occur. Additionally, local regulations may require companies to provide severance packages or other forms of assistance to terminated employees. Therefore, it is important for management to consider these factors when making decisions about layoffs.

Which of the Following Is True with Regard to Workforce