Which of the following statements regarding downsizing is true?
A) Downsizing refers to the revaluation or splitting of the organization's common stock.
B) Downsizing typically leads to increased employee morale.
C) When downsizing, outplacement programs can help the company maintain a positive image in the community.
D) The best strategy for downsizing is to establish a tall organizational structure as quickly as possible.
E) Downsizing is seldom a planned strategy; it typically evolves as a result of environmental changes.

Question

Quizplus · Accepted Answer

Downsizing is the planned elimination of jobs in a company. It typically decimates employee morale. Downsizing typically results in flatter organizational structures.

Which of the Following Statements Regarding Downsizing Is True