Sylvia Ingram OMM 640 Business Ethics and Social Responsibility Instructor: Robert Vega September 10‚ 2012 The implications of downsizing (rightsizing) to the employees‚ communities‚ and families of the Corporate Downsizing What ever happen to the American Dream? Although our economy is struggling daily
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Task 1 You work in a call centre which has recently experienced a downturn in the amount of business that it has. It has been decided‚ therefore‚ to make 5 of the 20 Call Centre Operators redundant. Write a letter to the Operations Manager explaining: 1. The main legal requirements that need to be considered‚ including Codes of Practice‚ explain the impact that these have on the organisation. 2. How to ensure that the dismissals are fair and the importance of this to both the employer and employee
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‘100m Nigerians lack proper identification’ Friday‚ 28 September 2012 00:00 AS the security challenge facing the country mounts‚ more than 100 million Nigerians do not have proper identification‚ according to the National Identify Management Commission (NIMC). Also‚ more than N940 million had being paid as severance benefits to former workers of the agency. Its Director General Chris Onyemenam said yesterday in Abuja that “more than 75 per cent of the 150 million Nigerian Population
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------------------------------------------------- All About Retrenchment Published: October 27‚ 2011 Back The word retrenchment is derived from an old French word and basically means to reduce or cut something down. It also happens to be a word that can strike fear into the hearts of millions of workers who often are the sole bread winner in their family. Another word for retrenchment is called downsizing. The most simple explanation or definition of downsizing is when a business or organization
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McGurn v. Bell Microproducts Inc. 284 F.3d 86 (Massachusetts) ISSUE OF THE CASE Bell Microproducts‚ Inc. mailed to McGurn an offer of employment that stated that if McGurn were terminated without cause during the first 12 months of employment‚ he would receive a severance package of $120‚000. McGurn crossed out 12 and replaced it with 24‚ and signed the contract. Bell did not acknowledge the change that had been made to the contract and hired the applicant. McGurn was terminated without cause
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Solution to the problems of Downsizing and Redundancy Time is changed. Trends are modified in almost every aspect of life. There was a time‚ when the person who lost his job due to downsizing found him helpless in finding the new one. He used to immediately approach the local unemployment office and start finding jobs on web or in newspapers. He is totally on his own in finding a new job. But now things are modified. Organizational restructuring has made it easier for the employees who are fired
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Problem The main problem discussed in the Harvard case study‚ “Lehman Brothers: Decline of the Equity Research Department” is the slow demise of Lehman’s Equity Research Department. The department’s painful downfall begins when the equity’s division head Jack Rivkin‚ a leader who was loved and well-respected among his team‚ was replaced by Paul William‚ a fixed-income manager who was unfamiliar and unqualified to deal with equities. To some employees in the department‚ William’s appointment was
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Cost Club Memo To: Pat Sutton From: Leonna Whitfield cc: Norma Sutton Date: Re: Downsizing the Human Resources Department I have received your confidential update in regards to the downsizing of the Human Resources Department. Although it was a difficult decision‚ I have made recommendations on the three employees who should be terminated from the company as a means to cut back on costs. I will begin by listing the three employees I selected‚ along with the reasons for why I selected those
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Losing your job is a very difficult experience. Along with the prospects of uncertainty and financial hardship that a loss of employment brings‚ there’s often feelings of anger and betrayal that rise up in the victim. As a result‚ people who been fired from their job are often drawn to the prospect of legal action against their former employer. Unfortunately for these folks‚ at-will employment is the overriding law of the land. Essentially‚ if your job doesn’t require a written contract‚ you can
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Case Study Two: Downsizing Chapter One As the largest employer in Ouachita County‚ Arkansas‚ International Forest Products Company (IFP) is an important part of the local economy. Ouachita County is a mostly rural area in south central Arkansas. It employs almost 10 percent of the local workforce‚ and few alternative job opportunities are available in the area. Scott Wheeler‚ the human resource director at IFP‚ tells of a difficult decision he once had to make. According to Scott‚ everything was
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