Organizational Downsizing: Conceptual Review
Keywords:
Voluntary retirement scheme (VRS), Golden handshake, Compulsory retirement scheme (CRS), Downsizing, RightsizingAbstract
Downsizing is a deceptively complex construct that is conflated with a variety of synonymous terms, including rightsizing, resizing, restructuring, de-layering, and redundancies. Downsizing, rightsizing, restructuring the human resource or organisation are the common term used to reduce the employee size in an organisation. For this different schemes were introduced like Voluntary retirement scheme, Golden handshake, Compulsory retirement scheme, Early exit option scheme. In this paper researchers made an attempt to study the conceptual review on the organisation downsizing.
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