Work Share Program
February, 2025
PROGRAM GOAL: Offer work share program as early intervention for at-risk companies to avert layoffs.
WDB NEED: Identify companies likely to lay off or close within the coming months.
EconoVue reveals the likelihood of layoffs or closure in seconds, so WDBs can be proactive in their outreach to discuss work share program strategies for struggling businesses.
Predict which businesses are struggling and likely to do layoffs or close in a region. Target at-risk companies with less than 50 employees within all sectors or a specific sector that require early intervention and retention strategies. Succeed when work share programs prevent layoffs.
