There is an interesting article called Layoffs not an option for some businesses. You might think that all a company has to do is layoff workers when the recessions hits. There may be good reasons to limit layoffs:
-when the economy picks up again, your company will be ready to ramp up production
-you can freeze hiring or cut seasonal workers
-you can cut or freeze salaries
-cut pension payments
-cut back on hours
-you have to train new workers you hire later on
-you avoid severance cots
-layoffs can hurt morale
-workers you hire later on may cost more
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