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DOWNSIZING STRATEGIES AND CORPORATE PERFORMANCE AMONGST COMMERCIAL BANKS IN KENYA LILLIAN JAMHURI MIGUDA D53/CTY/PT/24454/2011 A RESEARCH PROJECT SUBMITTED TO THE DEPARMENT OF BUSINESS ADMINISTRATION.

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Increased Workloads and Pressure on Remaining Employees When companies downsize, gaps within the workload are created. This adds pressure to the remaining employees to not only complete their current job functions, but also to pick up additional work to compensate for the terminated employees.

Improve productivity by downsizing One of the main advantages it offers is that the company can achieve the established objectives with the minimum number of resources, especially in highly competitive sectors. In fact, a reduced workforce in non-key business areas can significantly lower costs.

The downsizing process has beneficial effects on organisational performance in the short or long run including greater remuneration and recognition, increase commitment, more task-oriented for remaining employees, etc.

The literature finds a negative effect of downsizing on individual workers' attitudes (job satisfaction, commitment, involvement, motivation), perceptions (supervisor support, justice), workplace behaviors (turnover and absenteeism), and individual work performance.

Disadvantage: Lack of Opportunities Downsizing means fewer available positions within a company, and some workers will probably have to be terminated. It also means existing employees who are kept employed will have fewer opportunities to grow and rise to higher positions within the business.

Understanding the Risks of Downsizing A decline in employee productivity and performance. Decreased employee morale. Reduced job satisfaction. Higher employee turnover.

There are three downsizing strategies: workforce reduction, work redesign, and systematic strategy.

Downsizing is the permanent reduction of a company's labor force by removing unproductive workers or divisions. While it is generally implemented during times of stress and a decline in revenues, downsizing can also be used to create leaner and more efficient businesses.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232