Production and reduce the workforce at squeaky shoes

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You are the HR Manager at Squeaky Shoes, a shoe manufacturer in Edmonton. Since the pandemic, there has been a considerable decrease in the demand for Squeaky Shoes. People working from home are choosing comfy slippers and not seeing the need for additional shoe wear. Due to the significant drop in demand, you need to reduce production and reduce the workforce at Squeaky Shoes. How will you handle this? Please explain the advantages and disadvantages of the options you are considering?

Reference no: EM132938991

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