Corporate Downsizing Analytical Essay by The Research Group

Corporate Downsizing
From company & indivdual perspectives. Purpose, financial effects, alternatives, impact on careers, job performance, longevity and morale.
# 12757 | 1,350 words | 8 sources | 1997 | US
Published on Mar 16, 2003 in Business (Management)

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From the Paper:

Downsizing, or rightsizing or restructuring are all terms used to describe corporate layoffs. When a company downsizes, it reduces the size of its workforce, generally because it is reorganizing (hence the association with the term "restructuring") or because it is engaging in severe cost cutting measures. Sometimes, the move is motivated by downward profit performance and a desire to rebuild the company's edge; in other cases, the move is proactive and designed to prevent the company from encountering serious financial problems. This research examines corporate downsizing from both a company standpoint and a human resource standpoint, and attempts to determine whether downsizing meets a company's objectives."

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