maintaining high production. Downsizing History and Trends "By 1980‚ over 90 percent of the nation ’s work-force was counted as employees; a complete reversal from the early 1900 ’s when over 80 percent were self-employed.” (Atwood‚ Coke‚ Cooper & Loria‚ 1996) During the 80’s‚ with the introduction of newer technological changes this provided organizations with opportunities to substitute capital for labor or to restructure jobs in new ways. This was the start of downsizing practises in America.
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Rd‚ Conwy‚ LL32 8EU United Kingdom | |Proposal for a Downsizing Programme [pic] TP4US | |Contents Page | 1 Introduction 3-4 1.1 Main Aims and Objectives 3 1.2 Competitive Enviroment 3 1.3 Company Profile 3-4 1.4 Downsizing Programme effects (Inc budget) 4 2 Recomendations 4-7
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Journal of Management http://jom.sagepub.com/ Causes and Effects of Employee Downsizing: A Review and Synthesis Deepak K. Datta‚ James P. Guthrie‚ Dynah Basuil and Alankrita Pandey Journal of Management 2010 36: 281 DOI: 10.1177/0149206309346735 The online version of this article can be found at: http://jom.sagepub.com/content/36/1/281 Published by: http://www.sagepublications.com On behalf of: Southern Management Association Additional services and information for Journal of Management
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competitive‚ companies made strategic decision to gradually lower their payroll numbers. (Anthony‚ Kacmar & Perrewe al‚ 2002:434) Downsizing has become a critical issue around the world. Downsizing and mass lay-offs are happening not only on US companies but also organizations in the entire industrial world. The number of organizations and jobs affected by downsizing has been staggering. In 1993‚ in an unending quest for lower costs‚ higher productivity‚ and fatter profits‚ American firms announced
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DOWNSIZING AND RIGHTSIZING Downsizing: The downward migrations of business applications are often from mainframes to PCs due to low costing of workstation. And also today’s workstations are as powerful as last decade’s mainframes. The result of that is Clients having power at the cost of less money‚ provides better performance and then system offers flexibility to make other purchase or to increase overall benefits. Rightsizing: Moves the Client/Server applications to the most appropriate server
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CASE STUDY ”DOWNSIZING & BUSINESS REORGANISATION” 1. Why might downsizing fail to improve the economic position of a business? Downsizing is a deliberate organizational decision to reduce the workforce that is intended to improve organizational performance. The Companies do downsizing because of falling profits & they feels that if they break the business in to smaller units then company will be more flexible & efficient. They do downsizing to reduce cost & increase productivity
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Strategies – Downsizing Numerous amount of people once thought that downsizing is an indicator of organizational decline‚ instead it is now accepted as a legitimate restructuring strategy. Downsizing is known as reducing the number of employees in the company‚ sometimes it could be the number of operating business units (Ireland‚ Hoskisson and Hitt‚ 2009). As mentioned earlier‚ Hewlett Packard incorporates downsizing strategy for its corporate restructuring. HP Chief Executive Meg Whitman also mentioned
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Downsizing There is a well known issue in corporations when it comes down to downsizing. Corporate downsizing is that act of corporations cutting workers usually by closing whole plants or divisions to increase profits. This practice is often used today and is thought by some to be a moral practice to improve economy overall. On the other hand‚ some think that it causes the workers great suffrage from unemployment‚ which leads to loss of homes‚ depression‚ and crimes. Furthermore‚ it affects the
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FACTA UNIVERSITATIS Series: Economics and Organization Vol. 5‚ No 1‚ 2008‚ pp. 51 - 62 THE IMPACT OF DOWNSIZING ON THE CORPORATE REPUTATION UDC 005.32 ∗ Biljana Djordjević‚ Suzana Djukić Faculty of Economics‚ University of Niš‚ Serbia Abstract. This paper deals with the downsizing influences on the corporate reputation. In this paper we stress the importance of the corporate reputation as one of the most important firm ’s intangible assets. This kind of resources could be a significant
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INTRUDUCTION Downsizing is a permanent reduction of workforce through layoffs and other means. Organizations usually downsize to save payroll costs and prevent bankruptcy during tight economic conditions. Downsizing‚ when done right‚ makes the organization more efficient‚ lean‚ and mean .On the other side‚ a faulty approach to downsizing can cause the organization to run the risk of losing key talent and intellectual capital‚ and becoming dysfunctional by breakdown of hierarchies and systems. The
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