Search results

Concentrates on downsizing, the modern term for redundancy, which is, of course, no longer a short‐term “fix”. Notes that massive downsizing creates more problems than it solves – only rarely achieving its original financial objectives. Lists the three main types of downsizing as: workforce reduction; organizational redesign; and systematic strategies. Discusses the affect (negative) on morale for the staff left behind, who are called “survivors” here and also the displaced (or jobless) workers. Details the correct (less painful) procedures for downsizing within companies.