Staffing Model

Staffing Model

Review the following link, which addresses a new staffing model for Lowes Home Improvement stores. Afterwards, answers the questions below the article.

https://www.cnbc.com/2017/01/12/lowes-preps-for-layoffs-as-it-shifts-to-new-store-staffing-model.html

1. Was this a wise choice for Lowes?

2. Why did Lowes feel it was time to make a change?

3. How does this story relate to our week 1 topics (Week 1 Topic: Models and Strategy)?

Solution Preview

This was a wise choice for Lowes Home Improvement stores. This is because layoffs are done for various reasons which Lowes has considered. One of the major reasons why layoffs are done is to cut costs (Chen et al., 2001). At times a company needs to save money. In such a situation, employees, which are a fixed cost, are one of the easiest targets to get rid of.

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