Showing posts with label downsizing. Show all posts
Showing posts with label downsizing. Show all posts

Saturday, February 2, 2013

Definition of Downsizing


Also known how Downsizing which obviously implies reducing the number of staff (employees) of a company in order to reduce costs.
The downsizing causes:
Lower costs work, side effects, decreased morale, communication lines into and weaken labor productivity falls.
To downsizing can use any of this two methods: Open mind (dismissal as a last resort) or voluntary retirement or other incentives ($ extra)