P/M/730. Economic and emotional aspects of organisation’s downsizing
(2006, 1500 words)
The paper examines the problems of downsizing as the last option for an organisation to improve its efficiency. The implications of downsizing are discussed including the issues of reduced performance capabilities, job insecurity, disruption of the existing networks, etc. Psychological aspects of coping with negative emotions related to downsizing are outlined offering recommendations to HR management.
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