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Layoff Alternatives
As I am writing
this the US Bureau of Labor Statistics has announced the grim reality that
US unemployment as of March 2009 is in excess of 13.2 million people
(8.5%) and is increasing at the rate of over 600,000 people per month.
There is no end in sight and global unemployment is a severe issue for
every country on the globe.
This first article
in a series about people in this recession focuses on Layoff
Alternatives. I’ll address them one or two at a time and I hope you will
not only read them but think about how you can use them to make a positive
difference today. I'll add the articles here as I publish them in my
Profits Weekly Newsletter. Subscribe
here.
While I am not so
naïve as to think that you and I can save all of those jobs, I do know for
a fact that we can do three things if you are willing to do things
differently: 1. Save a few jobs when every one counts, 2. Make some lives
a bit better during these difficult times, and 3. Do things today with our
people that will make our businesses stronger today and better able to
survive and prosper through and after the recession.
An economic recession or business recession is also
an opportunity. Invest in tools such as a
Profit Improvement Process to capture
those opportunities. Read “Instant
Profits: Making Your Business Pay” for over 250 ways to improve your
business even in a recession. There is a lot more to profit
improvement than simple cost reduction.
Contact us today to see how
you can cut costs and improve profits.
Recession Strategies
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