chose to downsize to create profit. The goal of big business is to create growth and profit through efficiency. Big businesses survive through layoffs and downsizing of the “excess fat” from employees when necessary. They outsource jobs to other countries to increase profit and sales and allowing the company growth. Big businesses have the right to layoff middle class workers if the business is not making a profit. CEOs
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for a reduction in force can save an organization from unlawfully terminating employees. Most private-sector‚ non-union employees are covered under the employment at will with exceptions arrangement which starts with pure employment at will (an employee without a written employment contract
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they were being affected by this last measure and was going to have to take steps to ensure that the Company is not affected. I am the senior manager in human resources department and was given the task of having to choose three of six employees for layoffs. As responsible leaders and managers have the task and responsibility to evaluate them in a fair and equitable way for all parties. The Company had a record of the human resources department as these six employees had performed their work for the
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J.‚ Thomson‚ L.‚ Griffiths‚ A.‚ & Cox‚ T. (2001). DOWNSIZING‚ CHANGES IN WORK‚ AND SELF-RATED HEALTH OF EMPLOYEES: A 7-YEAR 3-WAVE PANEL STUDY. Anxiety‚ Stress & Coping‚ 14(1)‚ 59. Reinardy‚ S. (2010). DOWNSIZING EFFECTS ON PERSONNEL: THE CASE OF LAYOFF SURVIVORS IN U.S. NEWSPAPERS. Journal Of Media Business Studies‚ 7(4)‚ 1-19. The author describes the organizational developmental theory by this study Mayton‚ S. M. (2011). Survivor Coping. OD Practitioner‚ 43(1)‚ 42-47. Kumar‚ M. (2009). "Downsizing"
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it up best when he says‚ "The reality is that although we cannon escape the dynamics of change‚ we cannot allow it to serve as an excuse to act unethically" (Gross 30). In Joseph Gilbert ’s article titled "Sorrow and Guilt: An Ethical Analysis of Layoffs" a more philosophical approach to the ethicality of downsizing is brought forward. Gilbert first addresses the several view points from which downsizing can be looked upon. First‚ for the stock market‚ downsizing is usually a good thing because the
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who loses their job and who has to take a pay cut and that causes workers to think about their future and how they are going to make ends meet. Work schedules and the lenghth of hours an employee works affect physical well-being and family relationships‚ this could have a negative impact on productivity. Layoffs affect the mental and physical well-being to work behavior. Many employees are working without benefits and no chance of advancement. As more and more organizations are making decisions to
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The Layoff The recent recession has brought about various major concerns amongst the most well off corporations in the United States. In the case of Astrigo‚ they missed their earnings estimate by 20 cents a share. Even with all the dropped expenses and inventory‚ Astrigo’s profits dropped by double digits. Astrigo‚ in which prides itself in having the best customer service in the retail industry‚ was losing sales to cheap retail stores with less than respectable customer service. Customer expectations
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can bring. Downsizing creates disruptions in the organization’s relationships with customers‚ suppliers and employees‚ organization’s structure‚ culture and climate. As Wayne F. Cascio says “if you must downsize‚ do it right‚ that no class of employee can be disproportionately affected.” Finding the best way to downsize is crucial‚ because the success of organisations that have downsized in the past has not been particularly laudable. Downsize Decision The downsizing decision is the most
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needs to make a decision on what would be the most suitable plan to keep costs at a minimum but also taking into consideration the feasibility of the plan. Primarily‚ the plan should involve keeping the total cost (equal to the sum of hiring costs‚ layoff costs‚ inventory costs and both regular and overtime labour costs) as low as possible. It should also
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& Bateman‚ T. (1997). Cynicism in the workplace: Some cause and effects. Journal of Organizational Behaviour. 18 (5)‚ 449-469. Bies‚ R.‚ Martin C.‚ & Brokner‚ J. (1993). Just laid off‚ but still a good citizen? Only if the process is fair. Employee Responsibilities and Rights Journal‚ 6(3)‚ 227-238. Budros‚ A. (1999). A conceptual framework for analysing why organisations downsize. Organizational Science‚ 10(1)‚ 69-82. Burke‚ R. (1998). Downsizing and restructuring in organisations: Research
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