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Aspects of the layoff program

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Consider the following as you are thinking about the aspects of the layoff program: Under what circumstances might a company's managers prefer to use layoffs instead of early retirements or voluntary severance plans as a way to downsize the workforce? Under what set of conditions should a company layoff employees without giving them advance notice? What are the pro's and con's to providing such notice? What, if anything, makes layoffs more effective and fair?

Reference no: EM133139463

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