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Kevin, the CEO of Medlmpact Inc., finds that the company needs to eliminate a labor surplus to avoid financial difficulties. To deal with this problem,
Kevin, the CEO of Medlmpact Inc., finds that the company needs to eliminate a labor surplus to avoid financial difficulties. To deal with this problem, he chooses a strategy that gives him fast results. However, the amount of suffering caused to employees is high. Kevin is most likely using the strategy to reduce the labor surplus.
early retirement
downsizing
natural attrition
retraining
hiring freeze
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