SLP 4 MGT 491 INTERNATIONAL HRM Essay Example | Topics and Well Written Essays - 750 words

SLP 4 MGT 491 INTERNATIONAL HRM - essay ExampleThis topic is very important to me and to every human resource manager who has an ambition of workings in a big institution. This topic will provide insight on the negative set up of downsizing and layoff. It will too try to provide the solution to the effects that are generated.Downsizing is a strategy used in business it is intended to improve the economic standing of an organization by either reducing its structure or changing the structure of the human resource so as to reduce operational costs (Mirabal & DeYoung, 2005). It is a word that has come into being due to its popular manipulation and not precise theoretical construction. It can be interpreted as simply a reducing in the organisation size on the surface. If this surface definition is taken into consideration, it might be lost(p) with the concept of organizationl decline or on the dot a mere decrease in the size of an organizational. pregnant difference, however, do e xist, that differentiates downsizing and decline as different managerial processes (Davison, 2002). Downsizing is not a phenomena that just take ons to an organization as an organization decline would, but rather it is undertaken by the management on purpose, this also brings out the differences between downsizing and reduction in the share of the market or loss of custody that are attributes of organizational decline. It is also important to note here that downsizing has the aim of improving the lastingness of the organization and it is not just a mere lack of funds to pay the employees. It can happen a proactive measure or a reactive action to contain the costs or to enhance the revenue of the organization. Downsizing can therefore also be defined as the plan and intended elimination of departmental positions or jobs and is therefore expected to yield rapid economic benefits. multitude costs often exceed 40 percent of a companys total figure (Davison, 2002). As a result, cut ting