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1. |
What does CEO stand for in this context? |
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Chief Executive Officer. |
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2. |
What is the company's plan? |
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To reduce staff by 20 per cent in 18 months. |
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3. |
What does "early retirement" mean? |
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end of employment before the legally
stipulated age |
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4. |
"Downsizing" means ... |
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reducing the number of staff in a company
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5. |
Who is usually in charge of this kind of
negotiations? |
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the Personnel manager. |
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6. |
What will happen to the company work force,
according to John? |
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They will be left with untrainable 50-year
olds. |