Downsizing Essays

  • Downsizing

    2440 Words  | 5 Pages

    by the American Management Association (AMA), the most often claimed reasons for downsizing are “organizational restructuring,” “business downturn,” and “reengineering of business processes.” Downsizing has adversely affected 43 million jobs since 1980. Many organizations are realizing that downsizing may not be the best solution for reducing costs. The time and money it takes to train employees often make downsizing a wasteful procedure. By changing their business strategy, companies can find ways

  • Downsizing

    1456 Words  | 3 Pages

    “Less Is Not Always More” Downsizing; everyone has heard about it, talked about it, been a victim of it, or even had to implement it. Reports of downsizing occur frequently. I have repeatedly read the newspaper, watched the news on television, or listened to the radio and heard about mass lay-offs. There have been times that I have felt pity for the various people who lost their jobs, and there have been instances that I have not given it a moment’s consideration. I just thought, “I’m so glad it

  • Downsizing in America

    1487 Words  | 3 Pages

    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. In the 1980’s, twenty-five percent of middle management was eliminated in the United States (Greenberg/Baron 582). In the 1990’s, one million managers of American corporations with salaries over $40,000 also lost their

  • Corporate Downsizing

    2555 Words  | 6 Pages

    Corporate Downsizing Corporate Downsizing Organizations in every segment of business, industry, government, and education are downsizing. Downsizing is and has been a controversial phenomenon in the last few years. The controversy that surrounds downsizing may be better described as a debate in organizational theory about whether change is adaptive or disruptive. The issues which establish the outcome of the controversy include why the downsizing is taking affect, how it is implemented, and what

  • Downsizing And Organizational Culture

    5487 Words  | 11 Pages

    Downsizing and Organizational Culture Table of Contents Chapter 1........................................................................................................................1 Chapter 2........................................................................................................................2 Organizational Culture Defined........................................................................2 Downsizing Defined.....................

  • Corporate Downsizing

    1950 Words  | 4 Pages

    Downsizing has become an extremely popular strategy in today’s business environment. Companies began downsizing in the late 1970’s to cut costs and improve the bottom line (Mishra et al., 1998). The term “downsizing” was coined to describe the action of dismissing a large portion of a company’s workforce in a very short period of time. According to online encyclopedia downsizing refers to “layoffs initiated by a company in order to cut labor costs by reducing the size of the

  • Employee Morale After Downsizing

    6297 Words  | 13 Pages

    Employee Morale After Downsizing Downsizing has become a significant idea in today's economy and maintaining the trust of employees when something like this takes place has also become very serious business (Brockner, Konovsky, Cooper-Schneider, Folger, Martin, & Bies, 1994). The question is not whether a company should downsize their employees but how to do the downsizing properly so that as few employees as possible are injured (Brockner, Konovsky, Cooper-Schneider, Folger, Martin, & Bies, 1994)

  • The Personal Impact of Corporate Downsizing

    552 Words  | 2 Pages

    The Personal Impact of Corporate Downsizing Demoralization is the result of a corporate downsizing and if not handled well by the officers of the corporation, the corporation can expect a decrease in; worker efficiency, production, teamwork, and cooperation. Adding to this and equally negative would be increases in; absenteeism, tardiness, mistakes and additional job loss. None of these create a positive work environment. Downsizing also places a large amount of stress on the individual's

  • The Pros and Cons of Corporate Downsizing

    1252 Words  | 3 Pages

    introduction to corporate downsizing. II.     The reasons behind a company downsizing. A.     Cash flow, profits, and profit margins. B.     Organizational structure and procedures. III.     Planning the downsizing. A.     Pro and con factors. B.     Identifying the options. IV.     Implementing the downsizing. A.     Announcing the action. B.     Communicate. C.     Staff Stability. V.     Conclusion Corporate Downsizing: A Profitable Benefit Or An

  • Analysis Of Downsizing

    754 Words  | 2 Pages

    spoken through the avatar of an Asian immigrant stereotype that would have been deemed racist written by anyone right of Bernie Sanders and said “Let’s give it to Matt Damon!”. And this is how we got Downsizing. Downsizing is a film about ‘scientists’ creating an irreversible procedure called well…Downsizing, which is used as a tool to fight ‘overpopulation’ *cough* Climate Change *cough*. Matt Damon stars as a middle age married man who is miserable because his life has no fulfillment and somehow can’t

  • People Versus Profit

    1334 Words  | 3 Pages

    people think of it simply as downsizing. In my opinion it means much more. Downsizing is definitely one way that businesses act unethically. People are viewed as dispensable and replaceable. Companies also do not care much about their customers, they only care about how much money they can get from them. Companies like Ford and Microsoft are two companies that have also placed profits above people and ethics. I'm going to discuss the ethical issues as related to downsizing, Ford and Microsoft. I will

  • Proposal for a Downsizing Program

    2223 Words  | 5 Pages

    Proposal for a Downsizing Program 1.1 Main aims and Objectives This report is to recommend a downsizing programme which is built upon the companies previously agreed redundancy programme and to carry out a cut of 50 employees within the production and distribution department, these cuts will also include job redesign. The downsizing recommendations for the remaining departments will follow in a different report. The downsizing programme also aims to work with the union and non-union members

  • Downsizing The Business With Dignity Summary

    1108 Words  | 3 Pages

    Downsizing is the process of the workforce reducing in an organization by terminating the employees’ contracts. This process is also known as a lay-off. It is often put into action to cut off costs in a recessionary situation. Some companies lay off employees annually to maintain their competitive standard and enhance effective workforce. The laid off employees are usually paid compensation or several months’ salaries. However, the management has to dedicate significant efforts to fulfill downsizing

  • Effects of Downsizing in the Field of Information Technology

    964 Words  | 2 Pages

    Effects of Downsizing in the Field of Information Technology Companies are asking for more from their employees now than ever before. By downsizing and outsourcing, and otherwise changing the corporate world for their employees, Information Technology companies have fundamentally changed the relationship between the organization and its employees. Indeed, Information Technology companies are becoming more and more eager to implement a scaled-down version of their operations as a means by which

  • Rebirth of Ford Motor Company

    1359 Words  | 3 Pages

    When one thinks of the perfect job they consider a lifelong career where they can achieve loyalty and commitment to a company, and in hopes of receiving the same back from their employer. In some cases this is not always the outcome; today many employees are experiencing betrayal from companies they had once devoted their lives too, but these companies concerns are not their employees but the profit that they are making from these employees. The Ford Motor Company, one of the largest car manufacturers


    704 Words  | 2 Pages

    with its original drive. Job insecurity, downsizing, job dissatisfaction, and many more are all factors related to alienation. The Author examines the truth behind these theories, and how strong is their evidence .One of the theories claims that globalization has now reversed status differences in alienation, but how true is this claim? The Author also takes a look at what are the impacts of alienation and what are the factors causing it. Can downsizing be a positive thing or does it always have

  • Essay On Corporate Restructuring

    853 Words  | 2 Pages

    factors such as placing company in a strategic position to gain competitive advantage, surviving bad economic times or when the company is heading towards a new direction or strategy. There are various forms of restructuring strategies such as Downsizing, Down scoping, Leverage Buyouts and Merger & Acquisition to adopt for different corporate objectives. Additionally, "Corporate Restructuring" of today is longer focus only on cutting cost, it is also about how the process is able to help shareholders

  • GTX Corporation

    1581 Words  | 4 Pages

    The story revolved around three employees on different strata of the company ladder and presented how GTX’s downsizing devastated their private lives. This essay aims to provide a deeper reflection on GTX corporation, and it will be accomplished by examining the following questions: 1) organizational culture and the underlying values GTX corporation presented 2) an evaluation of downsizing from both stakeholder approach and ethical standpoint 3) impact of social capital mainly how the company’s

  • Greene's Jewelry Wholesale Case Study

    1484 Words  | 3 Pages

    pertaining Greene’s v. Jennifer Lawson: a. The names and genders of all the Junior Executive Secretaries that were terminated along with Jennifer Lawson due to the downsizing. b. What is the background and work history of the decision to terminate all of the Junior Executive Secretaries? c. Has there been previous measures of downsizing? d. Does the employment contract state any clause of premature termination? 2. The answers to the questions asked in the previous section are important to establish

  • Frontier Airlines Financial Analysis

    570 Words  | 2 Pages

    I do not believe merging the company or making cuts and downsizing are the only options open however, they are good options to have. Merging with a successful competitor will give Frontier Airline an opportunity to operate to its full capacity within its strongest department. Downsizing will surely cut costs by eliminating salaries not being paid. The unfortunate result is a loss of employment for the individuals laid off due to downsizing, thus decreasing economic