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The Implications of Downsizing (Rightsizing) to the Employees, Communities, and Families of the Employees - Research Paper Example

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 In this paper, the writer identifies the most significant causes of psychological, emotional, and physical distress for the employees, their families, and communities that arise as a result of downsizing for both kinds of employees i.e. those that get fired and others that remain employed…
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The Implications of Downsizing (Rightsizing) to the Employees, Communities, and Families of the Employees
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"The Implications of Downsizing (Rightsizing) to the Employees, Communities, and Families of the Employees"

Download file to see previous pages   Downsizing exposes the employees, communities, and the families of employees to psychological, emotional, and physical distress whether they remain employed or get fired. Generally speaking, the implications of downsizing include embarrassment, lack of the source of income, depression, low self-esteem, emotional abuse, social exclusion, and poverty.  I shall also identify the relative importance of the three kinds of stressors, so that the most significant, the significant, and the least significant stressors are identified separately. The expected outcome of the result is a list of contributors of psychological, emotional, and physical distress for the identified populations, along with the relative importance of each category of stressors. Knowledge of these stressors is the preliminary step towards the identification of the potential ways in which the effect of these stressors can be reduced. ...
The first challenge in front of these employees is to seek employment somewhere else. Since they have not left the organization on their own and have rather been fired, this serves as a very negative point if the employees cannot somehow manage to prove that they left the organization on their own. The recruiters tend to suspect the eligibility of such employees for the job because they were rejected by their previous employers. Downsizing is mostly a consequence of the deteriorating political and socioeconomic conditions in a country, so when one organization downsizes, most of the other organizations are also doing the same. Finding a job in these circumstances becomes even more difficult for the employees. The process of searching for the job is not only physically tiring but is also emotionally demanding as one has to face the high expectations of the friends and family members who depend financially on one with no job in hand. The second challenge in front of the unemployed employee is the constant feeling of embarrassment in front of the friends and family members. Owing to the shortage of money, it is not very uncommon for one to decline to the level that one has to ask friends for money, which in itself is a very embarrassing process, and often the loan is not granted without interest that puts the individual into an even greater financial stress for the time to come. The employees have to meet the daily needs in an increasingly tough environment wherein the prices of things are skyrocketing. All of these factors mutually function to negatively affect the individual’s health and psychology.   ...Download file to see next pagesRead More
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