Question

Give reason the factory reduces its staffs​

Answer 1

Explanation:

Labor costs are likely the largest line item on your company balance sheet. Therefore, a successful cost reduction strategy must adequately balance resourcing and cost controls.

While laying off part of the workforce may seem like the quickest and easiest solution to reducing labor costs in manufacturing, it may not be the best way to resolve the issue. The cost of finding and training new employees is extremely high—so it makes more financial sense to hold on to your employees and keep them happy.

Answer 2

Answer:

staff is replaced by modern gadgets