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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (4049)	6/11/2001 12:16:45 PM
From: John Pitera	Read Replies (2) \| Respond to 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