This project aims to evaluate the effects of layoffs and alternatives to layoffs. Working from literature survey and interviews, we described the effects of layoffs and the alternatives, their uses in industry, and their impact on firms. We assessed: 1) if alternatives were used more frequently than layoffs, 2) how effective layoffs and alternatives were at cost cutting and other areas, 3) if company culture played any role in what methods are used. The results provided some information on what cost-cutting methods could be used.
Worcester Polytechnic Institute
Interactive Qualifying Project
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