when a firm delays downsizing as long as possible,the firm will most likely ________.
A) recover more quickly when the economy improves
B) implement a formal grievance procedure
C) force senior employees into retirement
D) file for bankruptcy within one year

Question

Quizplus · Accepted Answer

A)One big lesson from research on downsizing is that when organizations resist or delay layoffs as long as possible,they tend to bounce back faster when the upturn hits.This happens,in part,because these organizations save on recruiting and training costs when the demand for their people returns,and by keeping their experienced workforce around,they can move more effectively than their competitors that are scrambling to hire and train new employees with the right skills.

When a Firm Delays Downsizing as Long as Possible,the Firm