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

1 answer

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%.