1. Lecturer: Nguyễn Thị Minh Hiếu Students: Nguyễn Tuyết Nhung Nguyễn Thị Như Ngọc Nguyễn Thanh Hằng Tutorial: 2 – BA06
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5. Reasons behind Downsizing 15% Tranfer work to other plants or abroad 18% New technology 27% Making better utilization of staff 40% Economic downturns
6. Downsizing strategies Workforce Reduction early retirement transfers Job banks attrition lay-offs firing 1 Organizational Redesign eliminate functions cut hierarchical levels drop divisions or products consolidate or merge units reduce work hours lengthen shifts Systemic Strategies as a way of life ongoing process continual improvement simplification enroll employees to generate and implement accountability 2 3