Tuesday, February 11, 2014

Social Effects Of Downsizing Human Resources - A study by Artur Victoria

A set of thorny process issues concerns the impact of downsizing on the local community. Downsizing, especially focused layoffs by large corporations (that lead, say, to the closure of an entire facility), can have devastating impacts on a local community. As extreme examples, there are cases of rural community's simply disappearing after a local lumber mill or mine is closed.

These considerations obviously have to be weighed in management's decisions about where and how to cut. And this is more than a matter of ethical behavior. A firm that devastates one community may "get away with it" in terms of that community's ability to strike back. But the firm can substantially harm its reputation, particularly insofar as the firm has explicitly emphasized positive community relations as a matter of corporate policy. leia todo o artigo