Why companies lay people off to meet goals

1.01K viewsEconomicsOther

It just seems counterproductive, removing your workforce because you want to grow more

In: Economics

14 Answers

Anonymous 0 Comments

You have 10 people working to create 1000shoes per month, you sell 1000

You hire another 40 people thinking you can create 5000 shoes and sell 5000

In reality you only sold 2500.

What do you do with the other 2500 shoes or the 25 workers producing them?

You are viewing 1 out of 14 answers, click here to view all answers.