Question

Based on the article Rethinking Lays-offs,” why is it not always in the best interest of companies to cut jobs to save money?

Answer 1

When a company cuts jobs, it loses many people who make production faster and easier. If a company doesn’t have as much production as it did before it cut jobs, then the company would lose sales and make less profit.

Answer 2

This is not always the best option because then those workers probably wont come back when the company gets more money and so they have to hire again, and those people who they fired most likely wont recommend working there to their friends and neighbors.Another reason why it is not a good idea is because if you have those workers and don't fire them you can make more money and so you wont have to cut back.

I hope that this helped:)