Downsizing With Dignity

Topics:
Layoffs
Tags:
Downsizing,
Human Resources,
Layoff,
Workforce Management
Source:
Perseus Books Group

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Overview: Most companies’ resort to downsizing for achieving increased profitability. The organizations apply downsizing techniques by cutting down the expenses and increasing employee layoffs. However, experts suggest that an organization must recognize the real problem within the organization before going on a layoff spree. Moreover, even if an organization is determined to go for layoffs, it should keep the employees dignity and the business plan in mind. A layoff can be accomplished in such a way that the problem faced by the companies is also solved and the working of the organization does not get affected adversely. The paper examines how to apply downsizing techniques without hurting the employees.

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Format: HTML | Date: Jan 2003 | Pages: 1

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