The Acme Global Corporation has a labor surplus.Specifically,it has too many workers in one type of job and too few in another.Its best method for dealing with its surplus would be _________.

Question

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Retraining would allow the company to address its labor surplus by teaching workers in the overstaffed job type new skills that are needed in the understaffed area. This way, the surplus workers can be redeployed where they are needed, and the company doesn't have to resort to downsizing or early retirement, which can be costly and damage employee morale. Natural attrition, which involves waiting for employees to leave the company through retirement or resignation, may not provide a timely solution to the labor surplus problem.

The Acme Global Corporation Has a Labor Surplus