Leading After Lay-offs – How to Keep Employees Engaged

IndustryWeek.com

According to a study in 2007 by the Manufacturing Performance Institute, over 70% of the 984 manufacturers surveyed expected their revenues to increase. What a difference two years can make! Today, manufacturers are one of the leading industries dealing with managing labor costs in an economy experiencing headwinds that most of us have never seen before. With health care and retirement benefit costs increasing, consumer and business demands for products decreasing, and the challenge of gaining credit and raising capital, lay-offs have become the best viable business option for many manufacturers.

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