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What is Downsizing Strategies and Alternatives about?

This document discusses downsizing and its alternatives. It defines downsizing as reducing organizational size and costs to improve efficiency. Organizations may downsize due to mergers, acquisitions, management changes, economic crises, strategy changes, outsourcing, or technological advances. Alternatives include hiring linked to vision, cross-training, succession planning, reduced wages, voluntary retirement, alternative placements, leaves of absence, and reduced hours. Examples provided are Flipkart dow

Author

Harsh Agrawal

Language

EN