Protecting Cash Flow Whilst Safeguarding Jobs
The Covid-19 pandemic has introduced untold disruption to the world economy and resulted in at least 25% losses in global stocks and millions of lost jobs.
Country by country there are differences in contending with the pandemic and getting people back to work. At the company level, some have been decimated and some are scrambling to add capacity and hire more employees.
However, an environment of uncertainty still exists, and many questions are yet to be answered.
Have you made redundancies?
Many businesses have had to make rapid decisions about removing expenses from their enterprise, with reducing staff numbers among the most prevalent. Whilst this may seem like a logical way to improve cash flow, there are several inherent risks associated with making redundancies including drastic additional costs in the long run.
To help businesses understand the sometimes unforeseen costs of making redundancies, we’ve put together an editorial which explains the risks of such actions and more importantly, provides effective alternatives which can help to protect cash flow whilst safeguarding jobs.
Download the full editorial today. Below you will find some of the initial insights found in the full editorial along with details of the authors who are both members of our international network
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