Survivors’ of layoff or job loss are also coping with stress and may also grieve the loss of a co-worker. According to Brockner‚ “(the) layoffs may elicit anxiety produced by job insecurity that may in turn influence the performance of survivors. (Brockner et al‚ Layoffs‚ 373)” There may also be questions as to whether management made the decision on who to keep and who to let go‚ fairly‚ and not based on personal preference. Brockner explains that “(Survivors) may be worried or anxious that they
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entitled to full basic wages and dearness allowance for that part of the day;] Rights and Obligations Resulting from lay-off Layoff is not a right conferred upon the employer but an obligation that the unemployment is temporary in nature and in a reasonable time the laid off worker will be restored his position. However‚ there is no indication regarding the time layoff will continue. 25C. RIGHT OF WORKMEN LAID OFF FOR COMPENSATION Whenever a workman (other than a badli workman or a casual workman)
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Layoffs is not the best solution in a downturn. Comment (View Comments) Kamal Kapoor - Winner of the month Posted On Tuesday‚ January 27‚ 2009 at 04:55:26 PM [pic][pic][pic][pic][pic] "Will I able to survive in my organisation or will my organisation survive in this bad time?" is a question which every person is asking himself/herself these days. In today’s phase of economic recession‚ every organisation and employee is concerned about his/her fate. Companies are trying to cut costs as
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Case Study The Layoff Robin Astrigo‚ CEO of Astrigo Holdings‚ has recently discovered that his business is beginning to suffer financially. Profits are significantly decreasing despite company promotions‚ inventory cuts‚ and expense adjustments. In addition‚ Astrigo Holdings is losing sales to other competitive retailers with more reasonably priced products. The business needs to make a change in order to pick itself up from this recession. Mr. Astrigo has come to the conclusion that multiple
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Hunter Kooyman October 25‚ 2012 History Essay “Chinese and Japanese Outlooks and Attitudes to the West” The age of exploration is said to be the most important time in human history. Everyday something new was invented; the human race constantly making things even better than they already were. However; under all the greatness and achievements there are many horrible things we had to do to get to these great times. It was a period of fear‚ isolation‚ wars‚ religious dispute‚ and
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critical acquisitions. And his father also taught Robin that to keep its reputation for great customer service and the company had to treat employees well. But the situation is not good in terms of profits & that’s why company is thinking about the layoff strategy. It has tried reducing inventory and unnecessary expenses. Lay off is like a last resolution. Robin is in a fix about the possible solutions to save the company’s image and also its employees. The Issues 1. Recession Period
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Alternatives to Layoffs Layoffs‚ a short term fix‚ detrimental to the company‚ should be the last resort Layoffs are done to save money. Unfortunately‚ they are usually a short term fix‚ detrimental to the company. So why do so many companies persist in using layoffs as a first choice for cutting costs‚ and what are some of the alternatives. Sometimes things don’t work out as forecast. Clients delay purchases. Suppliers raise prices. Competitors steal market share. Quarterly‚ at least in
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Effective Operations Management during Layoffs Final Research Paper Effective Operations Management during Layoffs Western International University MGT 370 – 5413 Operations Management 1 Effective Operations Management during Layoffs 2 Introduction Operations management is the area concerned with the efficiency and effectiveness of the operation in support and development of the firm ’s strategic goals. Other areas of concern to operations management include the design
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INTRODUCTION/OBJECTIVES This document summarizes the objectives of the layoff‚ criteria for choosing employees‚ recommendation of the employees who have been chosen to be laid off and the projected outcomes of laying these individuals off. The objective of this layoff decision is to reduce costs for the company while maintaining an effective and innovative work force. The remaining employees must be able to maintain the previous level of work that is expected of Walker Space Institute from outside
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