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CORPORATE DOWNSIZING
Contents
 What is Downsizing?
 Why do Companies Downsize?
 Downsizing Strategies
 Upsides & Downsides of Downsizing
 Downsizing Effects
 Downsizing practice across the globe
 Promotion done byTeam
 Contribution byTeam members
 Learning
 Questions to be asked
What is Corporate Downsizing?
 Management procedure
 Reduces number of employees in a specific
company
 Reduces the scale and scope of a business
Why do Firms Downsize?
 Rising Costs
 Reduces layers of management
 Poor economic conditions
 Declining Revenue
Downsizing Strategies
 Workforce Reduction
 Early retirement
 Transfers
 Lay offs
 Organizational Redesign
 Merge units
 Multitasking
Upsides of Downsizing
 Decrease of the labor costs.
 Department reengineering.
 Expenses reduction.
Downsides of Downsizing
 Loss of critical information
 Stressful environment
 Decreases company’s reputation
Downsizing Effects on Society
 Increase in unemployment
 Decrease in Revenues
 Decline in living standards
 Rise in criminal activities
Corporate Downsizing practice across the
globe
 Practiced in America since last 20 years
 HSBC Bank in Russia, Poland and NewYork in
2011
 General Electric for its 1st seven years
Promotions done by the Team
Facebook page :
https://www.facebook.com/corporatedownsizing/
Poster Created
Feedback Diary
Contribution by Team Members
 Facebook Page Created and Poster : Neeraj
 Class presentation and Power Point
Presentation : Apoorva
 Signatures, suggestions and feedback :
Apoorva, Jan and Neeraj
 Video : Apoorva and Jan
Learning
 Time Management
 Multitasking
 Leadership
 TeamWork
 Making best out of limited resources
Thankyou

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Corporate downsizing

  • 2. Contents  What is Downsizing?  Why do Companies Downsize?  Downsizing Strategies  Upsides & Downsides of Downsizing  Downsizing Effects  Downsizing practice across the globe  Promotion done byTeam  Contribution byTeam members  Learning  Questions to be asked
  • 3. What is Corporate Downsizing?  Management procedure  Reduces number of employees in a specific company  Reduces the scale and scope of a business
  • 4. Why do Firms Downsize?  Rising Costs  Reduces layers of management  Poor economic conditions  Declining Revenue
  • 5. Downsizing Strategies  Workforce Reduction  Early retirement  Transfers  Lay offs  Organizational Redesign  Merge units  Multitasking
  • 6. Upsides of Downsizing  Decrease of the labor costs.  Department reengineering.  Expenses reduction. Downsides of Downsizing  Loss of critical information  Stressful environment  Decreases company’s reputation
  • 7. Downsizing Effects on Society  Increase in unemployment  Decrease in Revenues  Decline in living standards  Rise in criminal activities
  • 8. Corporate Downsizing practice across the globe  Practiced in America since last 20 years  HSBC Bank in Russia, Poland and NewYork in 2011  General Electric for its 1st seven years
  • 9. Promotions done by the Team Facebook page : https://www.facebook.com/corporatedownsizing/
  • 11. Contribution by Team Members  Facebook Page Created and Poster : Neeraj  Class presentation and Power Point Presentation : Apoorva  Signatures, suggestions and feedback : Apoorva, Jan and Neeraj  Video : Apoorva and Jan
  • 12. Learning  Time Management  Multitasking  Leadership  TeamWork  Making best out of limited resources