Define why do you think organizations continue to downsize

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Question: Currently there are some significant economic challenges faced by Canada and much of the developed world. As organizations try to navigate through the rough economic seas, one strategy that many have or are considering is downsizing. That said, there are significant negative consequences associated with downsizing. Considering those significant negative consequences, why do you think organizations continue to downsize? And why do you think so many downsizings fail to meet organizational objectives?

Reference no: EM132774800

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