When faced with actual real cuts in their budgets, managers in either the private or public sector have some basic priority decisions to make.
Do you use these cuts as an opportunity to cut the average employees from your staff with the idea that when times are less lean, you can replace them with employees with a higher upside?
Do you evaluate programs and eliminate those that are not meeting expectations, contributing to the bottom line, or are simply “vanity” projects that fall into the want rather than need category?
Do you cut salaries and benefits across the board in an attempt to keep your staff intact, knowing that you might lose key personnel who leave because they have better offers or prospects for growth?
Do you lay off staff for a couple of weeks of unpaid furlough?
One option that few would consider would be shutting down your entire operation for almost two months, and then trying to restart from scratch after that length of time.
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