Writing assignment Research Paper Example | Topics and Well Written Essays - 500 words - 2

Writing assignment - Research Paper ExampleIt has often been said that the surpass way to end up with the worst people in your firm or business is to acclaim that the firm is laying off people. This ensures that the best people make an exit for the door and as Pfeffer points out, many a(prenominal) firms rehire them simply because they cannot afford to lose those people. This is the morale factor. However, in that respect atomic number 18 other factors as well which entangle the effect on a firms profitability (not profits) and its attitude towards its customers (particularly for service sector companies). each these factors make laying off people not that much of an inviting proposition and as Pfeffer points out, there might be other ways to beat the downturn apart from laying off people. apt(p) the fact that the article was written in 2010 (at the peak of the Great Recession), there are some points in the article and Pfeffers recommendations that can be implemented by the f irms and businesses. However, this is not to say that the entire punctuate of recommendations are realistic when one takes into account the fact that many firms, in order to simply conk out in the current economic climate need to cut jobs. The reason for downsizing becoming attractive is that the share of the service sector in the overall economy has gone up drastically in the last few decades. Since the service sector primarily relies on people and the costs of payroll and perks are the major chunk of the overall costs, there is indeed a case to be made for layoffs. though as Pfeffer says when people are our main assets, why lose them. The point here is that one need to take a nuanced approach towards Pfeffers recommendations and take those among them that make business sense. Without resorting to emotional factors, Pfeffer has convincingly shown that layoffs do not make business sense as well. Maybe it is time for firms to look at pecuniary optimization