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Job Performance Remaining Employees
1,645 wordsEdmund Graves, personnel manager used to consult legal, moral, and personnel practices. Graves, employed by Walker Space Institute for fourteen years, has been asked to supply guidelines and recommendations surrounding the pending cutbacks of the engineering department. Walker Space Institute requires the elimination of three engineers due to industry cutbacks. In doing so, Walker must evaluate each member and induce cutbacks which mitigate social, economic, and legal considerations while exerci...
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Number Of People Remaining Employees
1,277 wordsAccording to a 1997 survey by the American Management Association (AMA), the most often claimed reasons for downsizing are organizational restructuring, business downturn, and reengineering of business processes. Downsizing has adversely affected 43 million jobs since 1980. Many organizations are realizing that downsizing may not be the best solution for reducing costs. The time and money it takes to train employees often make downsizing a wasteful procedure. By changing their business strategy,...
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Managing Your Most Important Resource Human Resources
2,007 wordsIn the business world today there is a constant pressure to achieve ever-higher standards of performance. There is little or no room for complacency in the global market. Companies are always in search of getting more for less. As a result of this the stress factor has gone up in many companies. Downsizing and restructuring is just a couple of expressions that employees and their representatives have come up with as the employees try to improve the company by reducing staff costs. (May 1998) Yet...
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Human Resource Manager 21 St Century
1,463 wordsDownsizing; everyone has heard about it, talked about it, been a victim of it, or even had to implement it. Reports of downsizing occur frequently. I have repeatedly read the newspaper, watched the news on television, or listened to the radio and heard about mass lay-offs. There have been times that I have felt pity for the various people who lost their jobs, and there have been instances that I have not given it a moment's consideration. I just thought, "I'm so glad it is not happening where I ...
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One Of The Major Remaining Employees
1,502 wordsCorporate Downsizing Corporate Downsizing INTRODUCTION Downsizing, restructuring, rightsizing, even a term as obscure as census readjustment has been used to describe the plague that has been affecting corporate America for years and has left many of its hardest working employees without work. In the 1980 s, twenty-five percent of middle management was eliminated in the United States (Greenberg/Baron 582). In the 1990 s, one million managers of American corporations with salaries over $ 40, 000 ...
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