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The Ethics Of Downsizing, Rakesh Yadav

Rakesh Yadav

In general terms, downsizing refers to cutting down of employees in an organisation. It is a crucial step taken by the organisation, when it sees that costs of organisation is going overboard due to excess of employees in the organisation. Most discussions about downsizing focus on the legal, economic, or psychological issues raised by this practice. These are essential concerns, but we rarely consider how or why downsizing is also an ethical issue. The paper looks at  The reasons for downsizing  Employee’s point of view  Organisation's point of view  The Survivor  How to cope with …