Question

A company reduces its global workforce from 18500 employees to 15725 employees. Find the percent decrease.

Answer 1

To find the percent decrease in the workforce, you can follow these steps:

1. Calculate the decrease in the number of employees:
\[
\text{Decrease} = \text{Original Number of Employees} - \text{New Number of Employees} = 18500 - 15725 = 2765
\]

2. Calculate the percent decrease using the formula:
\[
\text{Percent Decrease} = \left( \frac{\text{Decrease}}{\text{Original Number of Employees}} \right) \times 100
\]
Plugging in the values:
\[
\text{Percent Decrease} = \left( \frac{2765}{18500} \right) \times 100
\]

3. Now, perform the calculations:
\[
\frac{2765}{18500} \approx 0.1491
\]

4. Convert it to a percentage:
\[
0.1491 \times 100 \approx 14.91\%
\]

Therefore, the percent decrease in the workforce is approximately **14.91%**.