Blume suggested a number of options to cut labour costs, including cutting holidays to increasing annual working hours, or increasing weekly working hours without any compensation in pay.
Blume suggested a number of options to cut labour costs, including cutting holidays to increasing annual working hours, or increasing weekly working hours without any compensation in pay.
I have another suggestion: cut the salaries of CEOs and other executives. This would also reduce costs and without sacrificing production capacity.
Best we can do is use softer whips.