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Layoff Situation in economics problems
Develop a small plan for the following scenario / not extensive
You are the production manager at a circuit board factory. After a series of economic problems, you are forced to consider laying off 120 employees. Since demand is expected to pick up again within the next 12 months, you would also like to explore alternative plans that would avoid a layoff. The factory has 1200 employees.
What factors should be considered?What information would be useful and how can the information be obtained?
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You are the retiring CEO of a very successful business. You plan to leave your current position within one year and In order to prepare the Board to hire a high performance manager, a briefing document for the Board members is needed.
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