In 1990, car sales plummeted world wide in the wake of the first Gulf War. FAVI, a French metal manufacturer and car industry supplier, urgently had to reduce costs. There was not enough work for its workers.
There was an easy, simple solution: to fire all temp workers.
But firing people was not part of the family business’ culture, and its inspiring CEO, Jean François Zobrist, opted for a radically different route …

read more