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Consider the long-term effects of letting the ax fall

Grasson, Tom

American Machinist

03-01-2001

Consider the long-term results of letting the ax fall

Byline: Grasson, Tom
Volume: 145
Number: 3
ISSN: 10417958
Publication Date: 03-01-2001
Page: 10
Type: Periodical
Language: English

Editorial

It's been a lengthy time since manufacturers had to face the reality of an economic downturn and bring expenses. And because reductions in headcounts can generate the fastest savings, layoffs are usually the first order of business. However, for the sake of stability and long-term increase layoffs may not make profitable economic sense in today's business





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