Negative Effects of Downsizing
Although downsizing is a common business strategy for reducing labor expenses, it isn’t always the best way to either cut costs or maintain your competitive edge. Instead of saving money and streamlining daily operations, negative consequences of...
Corporate downsizing serves as a way for a company to maintain profitability
levels, but the action often causes negative effects within the workplace.
While downsizing affects everyone in the organization, it has the most significant
effect on employees who are dismissed and have to leave the company.
Regardless of the impetus for change, downsizing must be undertaken with
precision to prevent negative impacts to operations and employee morale.
Aug 23, 2010 ... Cutting costs by downsizing has positive and negative effects. Trimming down
operations by reducing the number of people employed may be ...
Companies need to reduce the number of people that they employ from time to
time. Downsizing may be part of a drive to reduce costs or the result of a merger ...
Negative Effects of Downsizing. Although downsizing is a common business
strategy for reducing labor expenses, it isn't always the best way to either cut
Aug 21, 2008 ... have discovered about the unexpected consequences of layoffs. These harsh ...
Fortunately, these workplaces can mitigate the negative
Apr 9, 2009 ... Minimizing the negative impact of layoffs on survivors begins with the way in
which the layoffs are managed. If the leaders of your organization ...
The effects of downsizing are significant; understand employee rights ... type of
employee go – they can have a significant, negative impact on your business.