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Empowering The Survivors Of Downsizing, Marian W. Guidry

Theses

Downsizing, a term relatively new to the business world just a few years ago, has now become a house-hold name. In an effort to trim the budget, companies are reducing their personnel at an alarming rate.

The recent downsizing is having a devastating effect on employee morale. Downsizing threatens the security and self-esteem of survivors and victims. It causes turmoil and shatters the morale inside of organizations.

Survivors of downsizing are faced with the challenge of remaining loyal to the organization, even when feelings of insecurity and cynicism are dominating. Fear is permeating the workplace. Lack of mobility and advancement …