Question

multiple choice question
which option for reducing a labor surplus causes a high amount of suffering?
demotions
natural attrition
hiring freeze
retraining

Explanation:

Demotions can cause significant psychological and financial distress to employees. Natural attrition is a slow - process with less immediate suffering. Hiring freezes mainly affect potential employees and not current ones severely. Retraining is often seen as an opportunity for growth. Demotions are likely to cause the most suffering among these options for reducing labor surplus.

Answer:

demotions