Advantages and Disadvantages of Impromptu Business Downsizing.docx

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Running Head:ADVANTAGES AND DISADVANTAGES OF IMPROMPTU BUSINESSDOWNSIZING1Advantages and Disadvantages of Impromptu Business DownsizingNameInstitution
ADVANTAGES AND DISADVANTAGES OF IMPROMPTU BUSINESS DOWNSIZING2Downsizing refers to the permanent reduction of an organization’s force of labor via theelimination of those workers who are believed to be unproductive to the organization. thepractice of downsizing is very common to many organizations and most of time it is associatedwith downturns in the economy as well as failing businesses (Mousa & Ayoubi, 2019).Advantages of impromptu business downsizing is that a strategy will require all the company’sdepartments to downsize equally (Tourish, Paulsen, Hobman & Bordia, 2018). For instance,every department with the company might be having its budget reduced by 25%. Therefore,impromptu business downsizing will cause a manual effect which allows the management of a

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Term
Fall
Professor
NoProfessor
Tags
Management, Termination of employment, Firing, Paulsen, disadvantages of impromptu business downsizing

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