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This paper is an analysis the closing of Speedy Motors Companys assembly plant in Eastland Michigan and what might have been done differently Speedy Motors Company SMC gave less than a month notice before they laid off nearly 2000 workers and closed the facility This facility had been providing jobs for the community for over 20 years Terms of the close the plant should feel morally obligated to provide at least 60 days notice The Worker Adjustment and Retraining Notification Act is a federal law requiring employers to provide workers their unions and state and local government officials sixty days advance notice of any plant closing or mass layoff FindLaw 2002 This law applies to any private sector employers with at least 100 employees and are either closing the plant or laying off at least 33 of the employees As far as the benefits provided to the employees attempting to find other jobs for the employees in one of the other SMC plants especially with Management level positions would go a long way for all parties It would create goodwill in the closing and hiring already trained persons could cut cost in the long run This may involve a move on the employees part but at least they would have the opportunity to keep their tenor with SMC Depending on the contract signed by each employee a severance may be in order Also setting up a short term employment office might be a good idea to get jobs for employees that cannot be relocated Stakeholder can be defined as everyone with an interest or stake in what the entity does Stakeholder nd That includes not only its vendors employees and customers but even members of a community where its offices or factory may affect the local economy or environment Free Definition 2004 This definition clearly states all of the affected stakeholders This closing would most definitely affect the entire community as the plant has
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