There are many innovative ways for companies to costs in China, and they are growing in popularity. Although consultation with employees is compulsory, it should not be feared
Before starting any programme of mass lay-offs in China, companies must be aware of the legal issues and the appropriate procedures to follow. By Nancy Sun and Kirsten Gao, Minter Ellison, Shanghai.
Foreign companies are contemplating how to restructure their loss-making or low-profit China operations. There are several good options available, and several unwise choices, too. By Ghislain de Mareuil and Julie Tong, DLA Piper, Shanghai.