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Downsizing in organizations: does it work?

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Discuss the four major reasons why organizations engage in downsizing. In general, are downsizing strategies successful? List reasons why or why not.

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The expert discusses the four major reasons why organizations engage in downsizing. In general, are downsizing strategies successful? List reasons why or why not.

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The major reason a business would downsize is because of bad market conditions when the business just cannot sustain the staff it has or afford it.

Another reason is that the company grows beyond its purpose and gains staff that it doesn't need and that is just leeching off its budget.

A third reason is a natural ...

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