GK
HUMAN RESOURCE MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which of the following statements about downsizing is not correct?
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Downsizing helps in getting rid of deadwood.
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Cost-cutting measure is a reason for downsizing.
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Mergers and Acquisitions are responsible for downsizing.
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Technical up gradation cannot be attributed as a reason for downsizing.
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Explanation:
Detailed explanation-1: -What Is Downsizing? Downsizing is the permanent reduction of a company’s labor force through the elimination of unproductive workers or divisions. Downsizing is a common organizational practice, usually associated with economic downturns and failing businesses.
Detailed explanation-2: -A change in workload. Decrease in employee engagement and motivation. Less career developmental opportunities. Prompt managers to meet with employees frequently. Offer coaching/training to help managers navigate difficult conversations. More items
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