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Write a 1200-1500 word report on the following scenario. Please proofread for content, grammar and typos. Cite sources used. Please turn in as a Word doc (doc or ,docx] Business Report Background Unfortunately, due to changes in the economy, your company has to institute cost cutting and needs to lay off 10% of their employees. You have various stakeholders that you need to notify including the employees, management and shareholders. The audiences for these cost-cutting measures are different in the sense that shareholders may like this cost-cutting move because it will improve protability for the company but this same news would negatively impact the employees' livelihoods and morale. For example, ifyou presented to shareholders the decisiveness and speed of the cost cutting, it may come off as cutthroat to the employees losing their jobs. On the other hand. if you provide high severance pay and generous transition services to the terminated employees, shareholders may frown upon the high costs. You are the Head of Public Relations for this rm. Write two different memos explaining the layoff decision and rationale: 1} to shareholders and 2} to the company employees (those impacted by the layoff as well as the remaining employees} In this age of social media. it may be easy for each audience to see the messaging that was created for the alternate audience. 50 craft your messaging clearly to each audience, knowing that the messages need to be targeted to each of your targets, but also recognizing that if the messages are too divergent, it will look like you are being disingenuous with your plans. Assignment should be broken into 3 sections as follows: 1) A memo to the shareholders 2) A memo to company employees 3) An overview of why you need different messages to the two different audiences and why those messages, though different, need to be cohesive. Total word count should be 1200-1500 words