A company has lost a large contract. They have to cut down their workforce by 10% to preserve the financial position. The divisional manager is stressed at the prospect of longtime employees. Another member has suggested a solution that the company will go to make a pay-cut of about 15% for most of the workforce due to the loss of the contract. To explain: The actions of Person X in this situation.

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Chapter 6, Problem 6.20EE

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A company has lost a large contract. They have to cut down their workforce by 10% to preserve the financial position. The divisional manager is stressed at the prospect of longtime employees. Another member has suggested a solution that the company will go to make a pay-cut of about 15% for most of the workforce due to the loss of the contract.

To explain: The actions of Person X in this situation.

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