Which of the following is a negative effect of downsizing?
A)In case the laid-off employees are a part of any labor unions, the company may have to fight the unions legally.
B)Many downsizing campaigns let go of people who turn out to be irreplaceable assets.
C)Downsizing interferes with the optimization of resources brought through voluntary transactions in the market.
D)Downsizing is time-consuming because managers have to go through employee records to look for low performers.
E)Downsized companies have to deal with the extra pressure of gaining back the business and confidence of the client.

Question

Quizplus · Accepted Answer

Many downsizing campaigns let go of people who turn out to be irreplaceable assets. Indeed, the practice of hiring back formerly laid-off workers has become so routine that many organizations are increasingly using software formerly used for tracking job applicants to track their laid-off employees.

Which of the Following Is a Negative Effect of Downsizing