question archive The employees in Avondale Industries' sites were extremely anxious about the status of their jobs because of a recent downturn in the airline industry
Subject:ManagementPrice:2.86 Bought5
The employees in Avondale Industries' sites were extremely anxious about the status of their jobs because of a recent downturn in the airline industry. The company reassured everyone that they did not intend to lay anyone off because the company had diversified their portfolio when they had expanded into the unmanned vehicles and systems industry as well when they acquired an adhesives and sealants company two years ago. In addition, the company had excellent government contracts that were scheduled to last for ten years. Avondale's CEO sent a company-wide letter to all employees reassuring them that the company was not planning to dismiss any employees. Why is it of benefit to the company to help its employees feel secure in their jobs?
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