Columbia Aircraf: 300 Worker Lay Off Due To Garmin G1000 Issues

Recently, Larry Dighera posted:
(snipped for brevity)
On Fri, 24 Aug 2007 11:40:21 -0500, "Neil Gould"
wrote in

Thanks for the update, Larry. It seems to me that Columbia's layoff
may cost them more than if they simply retained the employees for the
duration.


Well, if the payroll costs of 300 employees averaged $25/each,
Columbia will have saved $7,500 for a five-day layoff. I'm not sure
about the costs of laying them off and bringing them back to work, are
you?

No, I am not sure about the costs, as there are several factors that can
affect those costs. I'm pretty sure that it isn't a "clean" savings based
solely on payroll, though. For instance, some of those laid off workers
may have taken other opportunities, and if so, there will be training
costs for their replacements, and depending on the state laws Colombia may
have to cover unemployment compensation costs, etc.

Neil