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FastTrack Logistics acknowledges the impact of external factors on its operations. The company has, for instance, been affected by poor economic conditions and market demand

FastTrack Logistics acknowledges the impact of external factors on its operations. The company has, for instance, been affected by poor economic conditions and market demand fluctuations that directly impact its employment relations. However, labour relations at FastTrack Logistics are also affected by factors in its internal environment. In this case, management is compelled to implement cost-cutting measures in response to the economic downturn. Briefly explain the ways in which labour relations at FastTrack Logistics may be affected by this management decision and how management can mitigate the potential negative impact thereof on its employees and their relationship with the organisation

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