Monday, November 06, 2017

Cope with recession

In a recession, the business activity is subdued and the sales revenue decrease. The business has to cut its expenses to remain profitable.

The usual way to cut expenses is to lay off workers. It can be traumatic for the workers that are laid off. They have financial commitments.

There is a better way for a company to deal with this situation, ie. to cut its expenses without laying off workers.

This method is explained here:

If you like this approach, you should elect a government that believe in this approach. It could be white, blue or red, right?

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