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Essay

Employment Risk

Essay specific features

 

Issue:

Business

 

Written by:

Charla P

 

Date added:

October 2, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1186

 

Was viewed:

8666 times

 

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Essay content:

Fast Serve moved 10% of its workforce to the online distribution department to accommodate the possible increase of sale. After the website went live, technical problems prevented potential sales due to the website download were too cumbersome for the consumers. Fast Serve decided to discontinue the online division and needed to downsize...
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There is a great risk and potential liabilities involved when making the decision to reduce workforce. Policies and procedures of the company should be followed when deciding to downsize. Companies should always be truthful about the reasons for downsizing. Exit incentive programs can be implemented whenever possible...
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