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Alternatives to Layoffs in Massachusetts During the COVID-19 Crisis

Alternatives to Layoffs in Massachusetts During the COVID-19 Crisis

March 27, 2020 at 11:03 AM - coronavirus,

During the pending COVID-19 crisis, many employers are considering layoffs to make sure they can keep their companies afloat. However, because the duration of the crisis is unknown and may be temporary, employers may wish to consider other cost-saving measures that are designed to be temporary and reversible in the event that the economy bounces back sooner rather than later. This article will address some of the cost-cutting strategies that Massachusetts employers can use in lieu of layoffs which will ensure that employers have an available workforce to call upon once business rebounds, and also save jobs.  

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