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Managing Growth and Downsizing

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View the Layoff Reports for Northeastern Region of America - Human Resource Management in particular - and discuss issues relating to growth and downsizing in general, with emphasis on:

1) the patterns that you see emerging from the Layoff Report
2) the emerging issuses in this area -- how the problem will be seen in the coming years
3) what role of HR managers can and should be in effectively transitioning organization size up or down
4) overall principles for change management that you deduce from this discussion

Please include references and soures (links) in order for me to elaborate on the information which you provide. Thank you for your assistance.

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Managing Growth and Downsizing is discussed very comprehensively in this explanation.

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View the Layoff Reports for Northeastern Region of America - Human Resource Management in particular - and discuss issues relating to growth and downsizing in general, with emphasis on:

1) the patterns that you see emerging from the Layoff Report
There are mass layoffs in the Northeastern Region of America. The patterns that are emerging are that layoffs take place after mergers/ takeovers of companies. For instance, Keane Inc. with head quarters in Boston was taken over by Caritor Inc., a company located in California, this led to the elimination of 92 employees from Keane. Inc. Consider the case of State Street and Investors Financial. These companies laid of 450 persons before the merger of the two firms took place. State Street has already announced that it will layoff 1,700 employees. The reason given for the layoffs is that it is important to reduce the number of employees so that duplication of positions are eliminated and the restructuring of the merged company can take place. The second trend that is emerging is that a fall in demand for costly products is leading to a reduction in business for companies that make costly goods and this leads to a reduction in jobs. For example, HP Hood had to lay off 80 employees because the demand for novelty products has fallen. The layoff took place in its ice cream plant in Suffield. . The falling profits is also a reason for layoffs, Alcatel-Lucent plant is planning to lay off 300 people in Andover, Massachusetts. The reason is that the ...

Solution provided by:
Hatim Baxamusa, MBA
Education
  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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