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What is Downsizing Strategies in Large Firms about?

The document discusses the phenomenon of organizational downsizing, highlighting its prevalence among major corporations in North America and Europe, including notable companies like General Electric and IBM. It outlines the challenges and human resource issues associated with downsizing, such as declining employee morale and the loss of critical skills, while emphasizing the need for strategic planning in the downsizing process. The article also presents findings from a survey of Canadian firms, revealing

Author

Mohamed Hammam

Language

EN