Question

A chain store plans to reduce its workforce by 4%. If there are currently 18,600 employees and 126 of them retire voluntarily, how many additional employees must be laid off?

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Answer 1

The number of additional employees who should be laid off to meet target of reducing the workforce by 4% will be as follows:
Total number of workers to be laid off will be given by:
(%ge of employees to be laid off)/100×(Total number of employees)
=4/100×18,600
=744 employees
Given that 126 of the quit voluntarily the remaining number that shpuld be laid off will be:
(total number of employees to be laid off)-(number of employees who quit)
=744-126
=618
Therefore we conclude the 618 more employees should be laid off.