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In this assignment, propose a plan to close the assembly plant in Eastland, Michigan. In this plan, be sure to explain the following:
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Terms of the close – what notice would you give, what benefits would you provide, etc.
Describe all of the affected stakeholders and how their interests will be considered.
Who do you propose should take primary responsibility for those laid off as a result of the plant closing?
How will this news be communicated to the workers, press, and community?
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Solution Preview
STEP 1
Terms of the close – what notice would you give, what benefits would you provide, etc.
There are some notices that need to be given according to the law that will be given by the company lawyers.
In addition, there are some parties that cannot be compensated. These include the utility suppliers, the truckers who delivered the goods to the plant and other local suppliers.
The workers will get benefits; they will be provided the option of transferring to the Minnesota plant of the company or else get the full retirement benefits so that their interests are not compromised. Those that move to the Minnesota plant will not lose any income or employment. The plant there will absorb …
