Alternatives of downsizing
Organization to avoid downsizing can take the following step.
Part time Job
Cut the number of job hours and pay employee on hourly basis to engaged him with the company. During his free time he can do any other work for earnings.
Work at home
Give access to the employees to work at home rather then coming at office. This step will reduce the operational cost of the organization.
Shift of department
One business unit of the organization is not doing well, organization can shift the employees to other business unit.
Outsource Employees
Organization can provide outsourcing services is specialized domain so their employees can work on other company projects.
Best movie on Downsizing
Downsizing is always a bad news for the employees, “Office Space” is the great movie on downsizing subject it shows the company intension of downsizing and feelings of employee about the company.