A chain store plans to reduce its workforce by 4%. If there are currently 18,600 employees and 126 of them retire voluntarily, how many additional employees must be laid off?
The number of additional employees who should be laid off to meet target of reducing the workforce by 4% will be as follows: Total number of workers to be laid off will be given by: (%ge of employees to be laid off)/100×(Total number of employees) =4/100×18,600 =744 employees Given that 126 of the quit voluntarily the remaining number that shpuld be laid off will be: (total number of employees to be laid off)-(number of employees who quit) =744-126 =618 Therefore we conclude the 618 more employees should be laid off.
