Which of the following is one of the outcomes of the restructuring, downsizing, and outsourcing resulting from globalization?
A) offering incentives to middle-aged employees to retire early
B) encouraging middle-aged professionals to take up entrepreneurship
C) offering incentives to young professionals to outperform middle-aged employees
D) hiring more middle-aged professionals to supervisory and managerial positions

Question

Quizplus · Accepted Answer

Restructuring, downsizing, and outsourcing are often carried out to reduce labor costs and increase efficiency, which can result in the displacement of middle-aged workers who may have higher salaries and longer tenure. In order to cut costs, companies may incentivize early retirement for these workers.

Which of the Following Is One of the Outcomes of the Restructuring