Present ideas to cut the company’s operating expenses by 10-20%. Reduce the length of the workweek rather than lay off workers.

Proposal Project

Your company has just learned it has lost the bid for a lucrative government contract to produce a hybrid automotive braking system. The management team has sent a memo to all employees indicating it will be facing some hard choices in the coming weeks to reduce costs, which could include layoffs. Departments have been asked to present ideas to cut the company’s operating expenses by 10-20%. Your solution is to reduce the length of the workweek rather than lay off workers. It will result in reduced pay for all employees thus meeting the need to reduce operating expenses.