Using Redundancy and Redeployment as a Response to Industry Decline
Edward Mwajabala (The Institute of Finance Management, Lecturer)
Download Article | Published On 01/12/1996

Abstract

In the wake of severe competition and falling productivity organizations have resorted to redundancy as a solution to the problem. While it is seen as the last resort, organizations facing industry decline whether temporary or long term, should respond in ways that are appropriate to their internal and external circumstances. Organizations should identify circumstances and conditions which would lead themĀ· to choose the right personnel strategy to follow in response to industry decline.

© 2022 The Institute of Finance Management