Name the primary reason organizations downsize, how they meet this objective, and how in the process they might minimize the pain of layoffs.
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The primary reason companies downsize is due to profit margins. If the company is not producing a profit, the fastest way to decrease debt is to downsize the company.
Downsizing can be done in many ways. The company can offer early retirement to its long time employees; offer a buyout to all employees and see who does and who does not accept; eliminate certain employment positions; layoff the newest hires or just decide to layoff the staff at a certain ...
The solution discribes why organizations downsize.