Most downsizing efforts are carried out with consideration of the costs to the individuals and the employer.

Question

Quizplus · Accepted Answer

Most downsizing efforts focus on immediate financial savings and operational efficiency for the employer, often overlooking the broader costs to individuals, such as loss of income, stress, and decreased morale, as well as potential long-term costs to the employer like loss of institutional knowledge, decreased employee loyalty, and lower morale among remaining staff.

Most Downsizing Efforts Are Carried Out with Consideration of the Costs