Title: Layoff Simulation
Essay Details
| Subject: | Business |
| Author: | Paula P |
| Date: | May 19, 2014 |
| Level: | University |
| Grade: | A |
| Length: | 7 / 1923 |
| No of views: | 0 |
| Essay rating: | good 0, average 0, bad 0 (total score: 0) |
Essay text:
Due to this shutdown, FastServe will now have to reduce its workforce by 10% in an effort to decrease their expenses. Subsequently, a list of 5 employees was compiled and of those five, three must be chosen to be terminated. However, due to the laws, the choices have to be made carefully. If the wrong person is terminated for the wrong reason, this could have a very detrimental affect on the company...
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Before making the decision on whom to terminate, management will need to evaluate employment laws and how those laws affect each person being considered, determine if any extenuating regulatory circumstances come into play with each candidate, evaluate the agency principle and make sure the right choice is being made for the right reason, and management will need to evaluate the reasons for the choices made...
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