OUTCOMES OF REDUNDANCY - DIFFERENT ASPECTS

Abstract

This article deals with the effects and outcomes of organizational downsizing/redundancy. I shall concentrate on the effects redundancy makes on the survivors of redundancy (those who remained in the organization after the redundancy) and on the organization. In view of these effects, factors can be identified, which factors are essential to be taken into account in order to manage effectively a downsizing procedure. The effects of redundancy can be either positive or negative, thus, most apparently, there are different factors in the background of the diverse impacts. I shall examine these background factors from both organizational and individual points of view.