Examlex
In utilising the Basic OB model,one needs to remember that:
Procedural Justice
Procedures or rules used to determine which employees will be downsized.
Downsizing
The act of reducing the size of a company's workforce intentionally to optimize operations and reduce costs.
Procedures
Established methods or sequences of actions for conducting activities or completing tasks within an organization.
Downsizing Strategies
Approaches or plans developed by organizations to reduce their workforce and operational costs in order to improve efficiency and profitability.
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