downsizing

Topics: Layoff, Redundancy, Organization Pages: 4 (1792 words) Published: September 17, 2014
Main
 body
 
Exploration
 of
 meaning
 of
 downsizing
 –
 Definition
 
 
Organizational
 Perspective
 
 

 
Downsizing
 is
 the
 planned
 set
 of
 organizational
 policies
 and
 practices
 aimed
 at
 reducing
 the
 
extant
 workforce
 with
 the
 goal
 of
 improving
 firm
 performance
 (Datta
 et
 al.,
 2010:
 282)
 
Individual
 Perspective
 

 
Downsizing
 is
 a
 constellation
 of
 stressor
 events
 centering
 around
 pressures
 toward
 workforce
 
reductions
 which
 place
 demands
 upon
 the
 organization,
 work
 groups,
 and
 individual
 employees,
 and
 
require
 a
 process
 of
 coping
 and
 adaptation
 (Shaw
 and
 Barrett-­‐Power,
 1997,
 p.
 109)
 

 

 
Begin
 illustration
 complexities
 of
 downsizing,
 problematic
 strategy
 with
 downsides.
 

 
Purpose
 and
 intended
 outcomes
 from
 organizational
 perspective
 

 
The
 painful
 upheavals
 in
 so
 many
 companies
 in
 recent
 years
 reflect
 the
 failure
 of
 one-­‐time
 
industry
 leaders
 to
 keep
 up
 with
 the
 accelerating
 pace
 of
 industry
 change.
 Such
 a
 discrepancy
 between
 
the
 pace
 of
 industrial
 change
 and
 the
 pace
 of
 company
 change
 give
 rise
 to
 the
 need
 for
 organizational
 
transformation.
 A
 company’s
 organizational
 transformation
 agenda
 typically
 includes
 downsizing,
 
overhead
 reduction,
 employee
 empowerment,
 process
 redesign,
 and
 portfolio
 rationalization.
 The
 goal
 
is
 to
 carve
 away
 layers
 of...
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