An excellent decision by the company, and one I expected, for several reasons, three of which are:
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This way, the company will not lose its employees if the desired and promised increase in business activity occurs.
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Secondly, the promise of returning to profitable growth does not seem to require permanent staff reductions, which must mean that profitability growth will come from revenue growth.
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Thirdly, the company immediately saves on salary costs through temporary layoffs, because in a termination situation, the terminated employee would have had to be paid salary for the notice period. In a temporary layoff, the notice period is 14 days, which might only be possible in a termination situation for employment relationships lasting less than 1 year.