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A bit of planning can help reduce the risk of cutting labor costs (access required)

by Contributing Writer

Published: December 18,2009

Time posted: 9:23 am

Tags: competition, layoffs, recession

The state of the economy has forced many companies to reduce costs to stay competitive. Labor costs are typically a prime focus during tough economic times.  Efforts to reduce labor costs should be carefully considered, however, to avoid unintended and greater liabilities than the cost savings to be realized from the change. In making decisions intended to ...





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