Question: how firms are changing when it comes to making a decision on laying employees off or reducing their salary structure post the COVID-19 pandemic. Imagine

how firms are changing when it comes to making a decision on laying employees off or reducing their salary structure post the COVID-19 pandemic. Imagine you are the CEO of one of the companies mentioned. How would you answer the following:- 1. What are the pros and cons of across-the-board pay cuts in the United States? In Japan? 2. What are the pros and cons of massive layoffs in the United States? In Japan

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