Question: As part of a corporate restructuring, your analysis helps you conclude that you have rather extensive redundancy in corporate finance and accounting positions. Management concludes that through consolidation, cross training, and other shifts in responsibility, you could do the same work with 30% fewer staff.
How do you downsize these jobs in the next twelve months without damaging morale of the surviving employees and while trying to treat the terminated employees in a fair manner? Explain your answer.