Here is the website that I used to find the article: http://www.businessweek.com/archives/1993/b334510.arc.htm
The author states that there is an increasing fear and loathing of losing their jobs and employees experience this because employers and management feel the need to worry more about profit than having a commitment to their employee's. Downsizing also sends a message to the nation; leading to general worker apprehension about job security and less job satisfaction.
It is understandable if the business is going bankrupt and must layoff a couple hundred of workers, but it is not right if the company knew ahead of time if they were in financial trouble.
Subscribe to:
Post Comments (Atom)
1 comment:
I think that this statement is very convincing in the article,
"Another reason to rethink these policies is that continued downsizing and the threat of reductions virtually guarantee suboptimal performance on the part of those left in organizations. The "survivors" often are left to struggle with too much work while living under the stresses of potential layoff."
It explains something that business should think about when downsizing. The employees that are left are often dealt twice the work with the same pay or possibly even lower, and they still have to worry about being laid off in the future. If you are a manager for a company this should look like the beginning of the end for the success of the company.
Post a Comment