The New Organizational Reality: Downsizing, Restructuring, and Revitalization
Organizations and businesses today are faced with increased demands to become leaner. These demands are the result of global competition and rapid technology change. Many organizations have responded by corporate restructuring and downsizing, often "outsourcing" many functions originally assigned to permanent employees. How do workers fare in this competitive and uncertain environment? How has the psychological contract between worker and employer changed? How can companies minimize the human impact of downsizing while remaining competitive? And how can the workforce that remains after restructuring be motivated to perform well? These are some of the questions addressed in this volume. This cross-disciplinary book will be of interest to industrial-organizational psychologists and to company managers and human resource personnel.