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downsizing

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Issue:

English

 

Written by:

Luis B

 

Date added:

August 2, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1497

 

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4253 times

 

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In the 1990's, one million managers of American corporations with salaries over $40,000 also lost their jobs (Greenberg/Baron 582). In total, Fortune 500 companies have eliminated 4.4 million positions since 1979 (Greenberg/Baron 627). Although this downsizing of companies can have many reasons behind it and cannot be avoided at times, there are simple measures a company can take to make the process easier on the laid-off employees and those who survive with the company...
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The first stage is called the diagnostic stage. In this stage, management staff pulls together and determines the amount of costs and expenses that need to be reduced, and how much can come out of layoffs (Moore 49). This stage usually takes about two to three months to complete. During this time, the upper management reviews all financial records in order to determine how much is needed to be cut from salary expenditures (Moore 50)...
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General issues of this essay:
Corporate Downsizing corporate downsizing Downsizing & Corporate Dysmorphia Downsizing strategies and its effects Downsizing Downsizing Downsizing downsizing Employee Morale After Downsizing Five Factors And Downsizing Proposal For A Downsizing Programme R'ships after Downsizing downsizing Downsizing downsizing
 

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