Originally Posted by
Tonyq
Surely the CEO, COO and FD will be the principle players, within the company, who will determine whether the company survives this crisis, and therefore whether there are any jobs at all?
I agree, they will have a major part to play.
In addition if you make senior management redundant you will find that minimum 3 or 6 month or more notice contracts in place. This means you pay them for this plus enhanced redundancy.
If and when the system rboots itself there are the very people you need to be able to get back to whatever is normal. If this started to happen in July then you will have paid them 3 months notice (minimum), lots of redundancy and you will still need the skills they have.