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Wednesday, April 3, 2013

Corporate Downsizing in America

worked my ass off on this paper said he didnt know i had it in me....was impressed

- INTRODUCTION -

Downsizing, restructuring, rightsizing, even a term as obscure as census adjustment has been used to describe the plague that has been affecting corporate the States for years and has left many of its hardest working employees without work. In the 1980s, twenty-five percent of middle management was eliminated in the United States (Greenberg/ major power 582). In the 1990s, one million managers of Ameri outhouse corporations with salaries over $40,000 to a fault lost their jobs (Greenberg/Baron 582). In total, Fortune 500 companies entertain eliminated 4.4 million positions since 1979 (Greenberg/Baron 627). Although this downsizing of companies can have many reasons behind it and cannot be avoided at times, there are naive measures a company can take to make the butt against easier on the laid-off employees and those who survive with the company.

- STAGES OF DOWNSIZING -

        The downsizing physical process can generally be broken down into three

distinct stages. The graduation stage is called the diagnostic stage. In this stage, management staff pulls together and determines the amount of costs and expenses that need to be reduced, and how much can come out of layoffs (Moore 49). This stage commonly takes about both to three months to comp permite.

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During this time, the upper management reviews all financial records in order to determine how much is needed to be excision from salary expenditures (Moore 50). This stage is concluded when the senior management has a detailed plan on who will be let go, and who will remain with the company. During this stage, there is one common misplay many companies make: lack of communication. The middle management is usually left out of all downsizing plans. This is wrong and creates a big mistake. Middle management should...

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