How can companies react to a shrinking market?

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There are always coming and going trends. Some companies rely on these trends. How can such company react to a shrinking market because the product just isn’t in high demand anymore and isn’t expected to in the foreseeable future.

Is there any way for a company to shrink in a healthy way just like it once grew?

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6 Answers

Anonymous 0 Comments

What is your definition of healthy? Laying off workers to match demand IS healthy for the company. Doesn’t mean it feels good. Have you ever tried to lose weight? For most people, that’s both healthy and doesn’t feel good.

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