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The Essence of Downsizing: A Review of Literature

Indian Journal of Industrial Relations

Volume 53 Issue 2

Published: 2017
Author(s) Name: Prantika Ray, Sunil Maheshwari | Author(s) Affiliation: Doctoral Scholar, Human Resources Mgt. Area, Indian Institute of Mgt., Ahmedabad, Gujarat, India.
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Abstract

The process of downsizing has often been considered as a onetime activity that is disconnected from the processes and the outcomes associated with the activity. Since the strategies, organizational, industrial and environmental characteristics play a crucial role in determining the success and/or failure of the downsizing process, a piece-meal approach to the research on downsizing is not enough. This paper thus presents a holistic view of the downsizing process where the dynamics that ensue during the downsizing are elucidated in a framework. This paper further discusses certain implications for practitioners and provides scope for future research for the researchers.

Keywords: N.A.

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