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Strategies & Market Trends : John Pitera's Market Laboratory
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To: MulhollandDrive who wrote (4049)6/11/2001 12:16:45 PM
From: John Pitera  Read Replies (2) of 33421
 
Hi Mrs. Peel, what this sentence means make it more expensive for corporations to work off excess
capacity." is that getting company workforce reductions, when needed would be more difficult as
the employees would have to approve it, or accept it.

If employee consultations are needed, it could take many weeks or months longer to implement layoffs If they
have to go through "arbitration" type processes. Unfortunately too many workers, hired during times of a booming
economy, are excess capacity when business slows down.

John
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