As long as our world market continues to grow, so too will the concept of downsizing grow. One of the major reasons for employee problems after a downsizing is the mistrust in the management and lack of knowledge regarding their own job status.
Such a factor is a very effective determinant for analyzing whether downsizing had any effect on the company or to signal if the company did indeed meet its objective.
One of the major reasons for employee problems after a downsizing is the mistrust in the management and lack of knowledge regarding their own job status. In Nabisco, Inc. The first stage is called the diagnostic stage. Workers who survive the downsize often have feelings of anger, fear or distrust.
The time between an announcement and the actual layoff should be as short as possible. However, he was not so lucky with his previous employer, Nabisco, Inc.
Survivors suffer with negative feelings of resentment, frustration, irritability, fatigue and burnout. They are mentally scared survivors of an economic restructuring that they have never seen before.
Although this downsizing of companies can have many reasons behind it and cannot be avoided at times, there are simple measures a company can take to make the process easier on the laid-off employees and those who survive with the company. The middle management is usually left out of all downsizing plans.
Thus, employees may become paranoid and self-absorbed, and their top priority is their own career rather than the bottom line of their employer. Many times, it is the case where a technological advance or breakthrough makes it possible to replace a previously human job.
It affects all people from managers to laid off employees and their families as well as those who remain with the company. It is something that we all must deal with in one way or another, and as for the victims of downsizing, the only thing they can do is try to piece their lives back together and hope for the best.
If the employees are informed of what is transpiring within their company, they might not be fearful of losing their job, or so quick to stab a fellow employee in the back.
While this may be an inconvenience at first, these skills and abilities can assist these people in future job searches. The middle management is usually left out of all downsizing plans.
Many people who survive as a result of downsizing often live with the fear that they too will be terminated. Management should clearly explain that the employee is being laid off and be prepared to answer questions directly; avoid beating around the bush.
Many times, it is the case where a technological advance or breakthrough makes it possible to replace a previously human job. As long as our world market continues to grow, so too will the concept of downsizing grow.
An important note is that the employee should not be given false hope.Diversity is the New Trend of Corporate America Essay - Diversity is the New Trend of Corporate America It seems corporations rise and fall on new buzzwords, reorganization, downsizing, right sizing, TQM and now diversity.
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Corporate Downsizing Essay example.
Downsizing has become an extremely popular strategy in today’s business environment. Companies began downsizing in the late ’s to cut costs and improve the bottom line (Mishra et al., ). Corporate downsizing in america - INTRODUCTION - Downsizing, restructuring, rightsizing, even a term as obscure as census readjustment has been used to describe the plague that has been affecting corporate America for years and has left many of its hardest working employees without work.
View Essay - Corporate Downsizing in America Essay from ACCT at University of Texas, Brownsville. - INTRODUCTION - Downsizing, rebuilding, rightsizing, even a term as dark as evaluation.
Essay on Corporate Downsizing - Corporate Downsizing Corporate Downsizing Organizations in every segment of business, industry, government, and education are downsizing. Diversity is the New Trend of Corporate America Essay - Diversity is the New Trend of Corporate America It seems corporations rise and fall on new buzzwords, reorganization.Download