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Corporate Downsizing 1

corporate downsizing

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Title: corporate downsizing

Essay Details:

Subject: Business

Author:

Date: July 5, 2013

Level: University

Grade: A

Length: 6 / 1716

Essay text:

Today, the term downsizing is used to refer to a narrow effort to reduce the workforce and also to broaden efforts to improve work systems or redesign the total organization. Companies may downsize to increase capital, as a result of a merge with another company (where additional staff are not needed), poor cash flow (which results in payroll issues), changes in technology, and lastly due to a change in organizational structure (Krepps, 1997). Companies often "downsize" using the following techniques: a. Reorganization/Restructuring. Reorganization involves changing the distribution of responsibility...

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