Hi-Tech Corp.

by Fred K. Foulkes and William E. Fruhan Jr.

Abstract

Hi-Tech examines the financial implications of a reduction in the work force via a voluntary severance program which offers up to two and a half times annual pay if an employee voluntarily terminates employment.

Keywords: Job Cuts and Outsourcing; Financial Management; Retirement; Employees; Compensation and Benefits; Corporate Finance; Technology Industry; Europe;

Format: Print

11 pages

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Citation:

Foulkes, Fred K., and William E. Fruhan Jr. "Hi-Tech Corp." Harvard Business School Case 283-045, December 1984. (Revised from original December 1982 version.)