Layoffs (Usually) Don’t Work and Why They Harm More Than Help
Workplace Psychology
DECEMBER 3, 2018
Downsizing is the planned elimination of jobs or positions (Cascio, 2016). Thus the loss of financial resources limits choices, thereby enhancing feelings of limited control over one’s life. In turn, lowered psychological health follows from this condition” (Muchinsky, 2006, p. Muchinsky, 2006, p. Downsizing Defined.
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