Haley is struggling to write a press release about the company's plans to lay off hundreds of
Question:
Haley is struggling to write a press release about the company's plans to lay off hundreds of employees due to the recent merge of herPR firmwithanational marketing company. The employees are not aware of the announcement yet, and she is concerned about their well-being. Her team lead encouraged her to "low-ball" the number of employees that they plan tolayoff to helpcalm thestaff's anxiety. However, Haley is concerned about the consequences that might occur if she reportsinaccurate numbers.
1. Rationalize that her coworker is simply trying to prevent staff anxiety, so her approach holds some value
2. Realize that she is being overly cautious andthat reporting an inaccuracy of 20-30 people will not make a huge difference
3. Fully agree with her co worker that there is no need to promote fear
4. Talk to some of the employees to get their opinion
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta