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(eep fit exercise

14th February 1981
Page 4
Page 4, 14th February 1981 — (eep fit exercise
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Which of the following most accurately describes the problem?

E ANNOUNCEMENT this week that Seddon Atkinson is to lay off 810 of its Irkforce should be seen for what it really is.

his is no panic move because of reduced order books, but it is a scheme to !pare for the post-recession period which, SA forecasts, will come in the .umn.

will come as little consolation to the latest group to be consigned to the centre to know that SA is merely shedding a surplus. In common with st of British industry, SA has been over-manned and this week's move ild and should have been made more than two years ago.

he small Oldham company is replanning its operation to slim down, !amline, and maximise resources. The management has recognised that it ighly uneconomic to have two production points operating at less than one d of their capacity. Furthermore they have accepted that geography is no son for carrying identical overheads at points 30 miles apart.

-hese are the hard economic facts of life and now is the time for npanies to be looking at their organisation :h a view to streamlining the job.

-hose who are slim, trim and vill be sharp enough to a advantage of economic recovery. ?.y may even help to bring it about.