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What are the effect and benefit for downsizing?

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Question added by Muhammad umar khan , Assistant Warehouse Manager , Unimed medical company
Date Posted: 2017/08/15
Arun Chandran
by Arun Chandran , Senior Consultant , Sutherland Global Services

Reducing the number of employees is downsizing, there are both positive and negative effects for the company as well as the employees. If the downsizing is done correctly it can get rid of the non-performing and nusiance employees which will profit the company, the same time it will help the other employees as well. On the other hand, if downsizing is not performed without the right details it might end up closing the company or costing more to rehire new employees.

Hamzee Ghauri
by Hamzee Ghauri , HVAC Supervisor & Cordinator , GHORI TECHNICAL SERVICES

It's create the lot of pressure on Employee for work cause fatigue and some times clashes with other employees

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