REDUCCIÓN I / DOWNSIZING

 

ANSWERS & TRANSLATIONS

1. If things don't improve, we would need to declare bankruptcy. Answer: bancarrota.

2. If the recession continues, it would be inevitable to cease our operations. Answer: recesión.

3. We would need to focus more on the core business of our industry to beat the competition. Answer: principales.

4. In order to alleviate the effects of the drop on corporate stock prices, executives will announce lay-offs and will create financial shared services. Answer: despidos por reestructuración.

5. If the company cannot pay its debts on time, it would liquidate all its inventory. Answer: liquidaría.