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What are the advantages and Disadvantages of downsizing?

Downsizing is the process of reducing the number of workers in a certain firm. There are a lot of reasons why a firm undergo into downsizing. One reason is to minimize the cost, and to increase productivity. This practice has its own disadvantages and advantages, let us first discuss some of the disadvantages of downsizing. First is that downsizing forces re-thinking of employment strategy, lifelong strategy will no longer be effective after a downsizing. Next, violation of psychological contract, simply because due to downsizing the workers lower their work commitment.If their are disadvantages of downsizing their are also advantages out of this practice. Changes in Strategy,Organization structure and Culture accompany job cuts of downsizing.


What role would downsizing play in an organization's overall level of practical intelligence?

Downsizing could potentially decrease an organization's overall level of practical intelligence by reducing the diversity of talent, skills, and experience within the workforce. This may limit the organization's ability to adapt to complex challenges and make informed decisions.


Importance of personnel in an organization?

what is the importance of personnel in an organization


What is the importance of organization structure in an organization?

e


What is rightsizing in a company?

Its another word for "downsizing" where an organization is reducing its costs and trying to be more efficient. This is often in the form of reducing its workforce.


Which of the following theories has been contended to be the most effective when dealing with issues on downsizing within an organization?

Social contract model of CSR


Importance of file organization?

There is great importance in file organization. This type of organization can be easily looked through and files are easy to retrieve.


What is the importance of planning to an organization?

of what importance is planing to an organisation


What is the importance of managerial economics principle in modern organization?

what is the importance of managerial economics principles in the modern organization?


What is the importance of formal groups to an organization?

importance of formal groups


What is the importance of criterion in a security organization?

importance of criterion in a security organisation


What is the importance of an office to an organization?

none

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