What are the effects of redundancy in the workplace?
Redundancy in the workplace can lead to job loss, decreased morale, and increased stress among remaining employees.
How can companies manage redundancy effectively?
Companies can manage redundancy by providing clear communication, support for affected employees, and offering retraining programs.
What legal considerations should companies keep in mind?
Companies must comply with labor laws, provide proper notice, and consider severance packages to avoid legal issues.
Can redundancy ever be beneficial for a company?
Yes, redundancy can lead to a leaner, more efficient organization, allowing for better resource allocation and innovation.
What support can be offered to employees facing redundancy?
Support can include counseling services, job placement assistance, and financial planning resources.
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