Downsizing

Downsizing Often in today’s business world, employees are faced with the fears of losing their jobs to company downsizing or re-structuring. And in many cases, employees are struck without any warning or post downsizing counseling by their employers. What does downsizing mean? Well in in a business enterprise, downsizing is reducing the number of employees on the operating payroll. Some users distinguish downsizing from a layoff, with downsizing intended to be a permanent downscaling …

…are in that companies realize if their changes turn out to be Rightsizing or Dumbsizing. Our group’s opinion of downsizing changed after dealing with this class project, indeed it has made us aware of the impact downsizing has on the company’s morale prior, during, and after the changes have been made to the organization’s structure. The corporate culture is usually victim of down sizing as often nothing is ever the same afterwards.