Downsizing Downsizing -planned elimination of large numbers of personnel to enhance organizational competitiveness.
{"Image DocumentName": "Downsizing Downsizing -planned elimination of large numbers of personnel to enhance organizational competitiveness.", "Image ImageDescription": "4 Reasons for Downsizing: reduce labor costs. technological changes reduce need for labor  mergers and acquisitions reduce bureaucratic overhead. organizations change location of where they do business.   Economy wide, capital spending ratio increased over 300% between , indicating employers substituting technology for labor. Downsizing \u2013 the planned elimination of large numbers of personnel designed to enhance organizational competitiveness. Reasons why organizations downsize: Cost reduction through decreased labor. Technological changes reduce need for labor- Economywide, capital spending ratio increased over 300% between , indicating employers substituting technology for labor. Closing outdated plants. Organizations changed location of where they do business. Mergers and acquisitions reduced the need for large bureaucracies. For economic reasons, many firms relocated parts of operations. Although downsizing has an immediate effect on costs, much of the evidence suggests that it has negative effects on long-term organizational effectiveness, especially for some types of firms", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}