3 ms·
First path is to retrain them. Getting more cost efficient can coincide with overall corporate growth. Some people prefer to remain in their specialty or strug
by mathattack 8y ago
First path is to retrain them. Getting more cost efficient can coincide with overall corporate growth.
Some people prefer to remain in their specialty or struggle to make the leap. In that case if they have tech skills, someone will take them. It may require a move, but they will land. It's one thing if you're firing people in the dark days of a deep recession. (Folks let go in 2001 had to leave California) It's another thing if you're letting people go into a market of 4% unemployment. If they can't get jobs with similar pay, then you were overpaying them.