Chester corp. Is downsizing the size of their workforce by 10% (to the nearest person) next year from various strategic initiatives. How much will the company pay in separation costs if each worker receives $5,000 when separated?
Answers
Answered by
0
100000 employees before cutting anyone. ( 100000× 10 ) and we have to multiple by 5000
Answered by
0
$50,000,000 will be total separation cost per worker.
Step-by-step explanation:
let the initial number of workforce is 100,000 employees.
(as the exact size of workforce is not given)
Downsizing by 10% _given
∴ 10% of 100,000 = 10,000
At $5,000 for each worker,
The total separation cost = Size × cost(of each)
= 10,000 × $5,000
= $50,000,000
∴ The company pay in separation costs if each worker receives $5,000 when separated will be $50,000,000.
Similar questions