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Downsizing

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Discuss some potential problems with downsizing as an organization's first response to a need to cut labor costs

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Solution Summary

This response addresses the queries posed in 189 Words, APA Refrences.

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The response addresses the queries posted in 189 words with references.

// Organizations undergo downsizing to maintain their profit margin; but sometimes, it so happens that they overlook the potential problems that may arise because of 'downsizing'. So here, I am explaining some potential problems associated with the concept mentioned.//

Downsizing

Introduction

In broad terms, Downsizing is defined as reducing the number of employees in an organization. This forms the part of crucial step, which an ...

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Ashish Sharma, MBA (IP)
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  • MBA (IP), International Center for Internationa Business
  • BBA, University of Rajasthan
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