Question: Discuss some potential problems with downsizing as an organization's first response to a need to cut labor costs. Do you have any personal experiences with

Discuss some potential problems with downsizing as an organization's first response to a need to cut labor costs. Do you have any personal experiences with downsizing (you or someone you know)? Describe them. If you were in a position where you had to reduce labor costs, how would you handle it?

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