Much has come of the corporate downsizing experience, on both sides. Such was not the case at the height of downsizing, however. This paper presents two examples each of companies that handled their downsizing well and those that did not. Bibliography lists 30 sources. Ultimately, the writer concludes that managers should be devising more universally-efficient methodologies for solving problems and not relying on downsizing to maximize dollar productivity.
Paper is filled with statistics and case examples.
Bibliography lists more than 15 sources. This 25 page research paper offers a comprehensive investigation of downsizing and its effects on all concerned. Topics include a general overview, the magnitude of downsizing, the effects on those laid off and on those who survive the layoff, and guidelines for implementing a successful downsizing plan. There are both positive and negative effects of laying off employees which have been experienced by different companies. Without an appropriate plan, many organizations feel only the downside of downsizing.