Downsizing in CORPORATE RESTRUCTURING | Simplicity Consultancy

Simplicity Consultancy · Beginner ·🎯 Management & AI-Era Leadership ·4y ago

About this lesson

Downsizing is a corporate restructuring strategy that involves downsizing the workforce in order to reduce costs and make an organisation more competitive. It can be difficult for employees who have been downsizing, but there are benefits to it too. The downsides include loss of jobs, increased workload on remaining staff members, reduced morale and productivity as well as a general sense of uncertainty among the entire workforce. 👨🏼‍💻At Simplicity Consultancy we aim to make consulting simple. We create videos that explain the world of consultancy. From answering what is consulting, explaining operations management, diving into management consulting and operations consulting.👩🏽‍💻 👉🏽So if you want to know all things that goes on in the world of consultant, then consider subscribing for weekly advice across industries. https://bit.ly/3xfsvhi 👍🏽 📚Do you want to increase profits, reduce complexity and streamline operations, get your FREE EBOOK here: https://go.simplicityconsultancy.co.uk/ebook1 Who are we: https://www.simplicityconsultancy.co.uk/ MY FAVOURITE GEAR: 📕 How to Take Smart Notes: https://amzn.to/3p0IqNy 🎤 Voiceover Microphone: https://amzn.to/3wHLj8p 📈What I Use For Video Analytics: https://vidiq.com/simplicityconsultancy/ #consulting #operationsmanagement #consultant

Original Description

Downsizing is a corporate restructuring strategy that involves downsizing the workforce in order to reduce costs and make an organisation more competitive. It can be difficult for employees who have been downsizing, but there are benefits to it too. The downsides include loss of jobs, increased workload on remaining staff members, reduced morale and productivity as well as a general sense of uncertainty among the entire workforce. 👨🏼‍💻At Simplicity Consultancy we aim to make consulting simple. We create videos that explain the world of consultancy. From answering what is consulting, explaining operations management, diving into management consulting and operations consulting.👩🏽‍💻 👉🏽So if you want to know all things that goes on in the world of consultant, then consider subscribing for weekly advice across industries. https://bit.ly/3xfsvhi 👍🏽 📚Do you want to increase profits, reduce complexity and streamline operations, get your FREE EBOOK here: https://go.simplicityconsultancy.co.uk/ebook1 Who are we: https://www.simplicityconsultancy.co.uk/ MY FAVOURITE GEAR: 📕 How to Take Smart Notes: https://amzn.to/3p0IqNy 🎤 Voiceover Microphone: https://amzn.to/3wHLj8p 📈What I Use For Video Analytics: https://vidiq.com/simplicityconsultancy/ #consulting #operationsmanagement #consultant
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