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UNIRAZAK Library Pustaka
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| Abstract : Unirazak Library |
| This study broadly assesses the association of organizational downsizing to
work conditions and employee outcomes, and the extent to which work conditions
mediate the association of downsizing to employee outcomes, thereby serving as
targets for workplace intervention to reduce the harmful effects of downsizing on
surviving workers at PR1MA Corporation Malaysia. As workforce downsizing has
grown more common in recent years, research on the topic has become more
important. After downsizing and organisational change, survivors and victims of
downsizing and organisational change are enduring mental health concerns.
Downsizing exposure was a predictor. Although downsizing is common in the
United States and other countries, little research has been done on the relationship
between downsizing and performance in these countries and others. The issue of
downsizing continues to be a source of discussion across the country and in the
business community. The downsizing of businesses has become a widely accepted
requirement for achieving a competitive advantage in the marketplace; yet, it has
not been proven that downsizing actually increases profitability. This study
examines the relationship between downsizing and performance using
comprehensive multi-year, multi-industry data, and it serves as a first step in
understanding the phenomena of downsizing, which is increasing in both frequency
and importance. The study makes use of multivariate analysis in order to include a
large number of specific variables that have an impact on the economic performance
of an organisation in the analysis. The influence of downsizing (as defined by a
reduction in the number of employees) on both corporate and strategic business unit
(SBU) performance is investigated while accounting for market conditions. Not only
is the influence of downsizing on organisational profitability investigated, but also
the impact of downsizing on market perceptions is investigated in this study, which
employs both an accounting measure and a hybrid market/ accounting measure of
performance. The findings of the study reveal that, after accounting for other factors
that influence organisational performance, downsizing has some detrimental and
some good effects on SBU and corporate performance, and that these effects last
only for a short period of time after being implemented. The anecdotal literature
suggests that downsizing has some positive impacts; but there appear to be
significant negative consequences to downsizing as well, as evidenced by the
findings of this study. |
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