Learning Team B
PHL/320
February 2, 2015
University of Phoenix
Re-organization and Layoff: Decision and Evaluation Paper
Managing a company’s finances can be very challenging and companies that find it difficult to conquer this challenge, experience a downturn, a decline in business, and when this occurs the need to find solutions to alleviate their financial issues becomes crucial. One solution that companies seem to implement and re-visit is layoffs but employers that are sensitive to the employees needs try to avoid this option by exploring other alternatives such as furloughs or transferring employees into new positions within the company.
Furloughs
The difference between layoffs and furloughs is …show more content…
References
(2013, January 31). Jobless Aid Claims Rise, but Raise Little Concern. The New York Times. Retrieved from http://www.nytimes.com/2013/02/01/business/growth-in-consumer-spending-slows.html
How Furlough Works (2014) AZCentral http://yourbusiness.azcentral.com/furloughs-work-8414.html Level 5 Alternatives to Layoffs (2011)
http://www.level5advantage.com/html/layoff_alternatives.html#.VM_GrbIXjCI.gmail
Layoffs, economy widen U.S. income gap. (2009, September). The Arizona Republic, Retrieved from http://archive.azcentral.com/arizonarepublic/business/articles/2009/09/30/20090930biz-incomegap0930.html
Ryan, T. (2015). Chron. Retrieved from http://smallbusiness.chron.com/overall-effects-unemployment-37104.html
The High Cost of Furloughs. (2009, October). UC Berkley Center For Labor Research and Education. Retrieved from