Lawson Software, a company that makes products you likely don't hear of unless you're a business who buys their back-office product, has decided to reduce staffing by 10% through the first quarter of next year. The help reach that goal they have laid off 200 employees at various sites of theirs. Since they're 4,000 in size they expect the rest to come from attrition.
This example brings up a good point about the reducing staff levels by attrition. When the economy is tight and less people are hiring, workers afraid to retire due to stock market crash, and people more likely hanging on to their job for various reasons will the attrition rates go down? Will these types of strategies wind up in resulting in further layoffs? I do not know the answers, but my conviction would say that the attrition may not be enough and these companies who are near their goal may buyout older employees, cut jobs under the required announcement radar level for their state, or go forth and do another official layoff round.
Lawson Software is headquarteres in St. Paul, Missouri.
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