Question: A company is automating processes so it can meet its demand with a smaller workforce. The CEO asks Nancy, the vice president of human resources,

A company is automating processes so it can meet its demand with a smaller workforce. The CEO asks Nancy, the vice president of human resources, for advice on how to address the resulting labor surplus. Nancy studies the workforce and observes that many employees are in their

50

s and

60

.

Furthermore, these employees are the highest

-

paid workers in every job category. Based on this information, what should Nancy suggest as the most effective way of addressing the company

s labor surplus?

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