.Examine the short-term and long-term effect of downturns and of laying-off employees and what alternative managers can consider before deciding to lay-off employees as well as the ethical obligations of the managers towards the employees.

Your arguments should be backed up by at least one research article in academic journals (e.g. Journal of Management, Strategic Journal of Management, Academy of Management Journal, and Journal of Management Studies). References and in-text citations of references should follow the APA style. The individual assignment length is 3-5 pages long excluding title and reference pages (double spaced pages of text of font size that is not larger than 12

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