Technical Solutions Inc.,a leading software solutions firm in Dallas with 1000 employees,is facing a financial crunch because of the economic downfall.Several of its key investors have backed out,and it has lost some projects to its competitors.The CEO of the company considers cost-cutting measures to turn around the organization.An analysis of the situation reveals that many of its employees have become redundant as their work roles have reduced considerably.The firm also employs a large number of people who are almost at the retirement age.Which of the following measures will be most appropriate for the company,from a business perspective?

Question

Quizplus · Accepted Answer

A)During hard times, many companies downsize or lay off talented employees.
B)During hard times, many companies downsize or lay off talented employees.
C)During hard times, many companies downsize or lay off talented employees.
D)During hard times, many companies downsize or lay off talented employees.
E)During hard times, many companies downsize or lay off talented employees.