Comments on: Some companies are reducing work hours (up to 20%) to avoid massive layoffs. Would you …..

By: Abby Charbonneau

Abby Charbonneau — Tue, 31 Mar 2009 17:20:00 +0000

I agree with Mike on this one - you really have to look outside of the box when forced to make decisions like this….

By: Manuela Voicila

Manuela Voicila — Sun, 29 Mar 2009 00:25:12 +0000

As a former manager and consultant, I have conducted lay offs and turnaround processes and even if it sounds tough, let me tell you that reducing of work and implicitly of incomes will affect/demotivate top performers of your company

In times like this, in my opinion, solutions are : diversify, partner or find solutions to maintain your business - which is the things you cannot do without best performers.

Look for opportunities, even in times of crisis, rather than accept it and reduce activity.

Manuela

By: Edison Reis

Edison Reis — Fri, 27 Mar 2009 22:28:16 +0000

Certainly different times calls for alternative and creative ways to keep the work force within the company

Thank you all for your comments

Sincerely

Edison Reis

By: Keegan Holley

Keegan Holley — Wed, 25 Mar 2009 18:55:44 +0000

I think it depends on the industry and the experience level of the person in question. Certain industries are largely unaffected by the current economic situation. For example certain sectors of the IT industry have not been affected. So experienced workers may take B or C and quickly find another job, especially if they were personally affected by the economic situation. Some may even take D if there is a severance package offered. Others would have a difficult choice though. The most logical option in one of the affected industries seems to be B.

By: Aseem Khanolkar

Aseem Khanolkar — Mon, 23 Mar 2009 15:35:15 +0000

I would accept either A and or B. I think it is better to stay with the company and at least get medical benefits. You can always search for a job. It is ethical for the company to take care if its employees that have been loyal. Also this downturn is not going to last for long, so its better to keep its experienced employees than pay for recruiting and training costs 9-12 months down the line.