Can you suggest better ways to have a labour equilibrium

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Reference no: EM132674137

Question: Employers have engaged in temporary layoffs and hiring freezes in reaction to the economic uncertainty they have faced during the COVID-19 pandemic. The number of job postings has declined dramatically, and many people have lost their jobs. Pick a company and identify why it had to temporarily or permanently reduce its labour force. Do you think the company's response to the pandemic is the most effective way to manage a labour surplus? Can these layoffs affect the company's future success? Can you suggest better ways to have a labour equilibrium during the pandemic? Explain your reasoning clearly.

Reference no: EM132674137

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