HRM301 Chapter 10: Chapter 10 - Downsizing and Restructuring

• School: University of Waterloo
• Department: Human Resources Management
• Course: HRM301
• Professor: Vince Di Ruzza

Document Summary

There are some bene ts of losing a job: Get out of a job that was substandard. Suicide risk increases with long periods of unemployment. For employment of less than ve weeks, there is no greater suicide risk with job loss. Survivor syndrome: a description of the emotional roller coaster that survivors experience. Some of these emotions include: anger, pain, fear, cynicism, stress, mistrust, risk aversion, overwork, job insecurity. Job insecurity: an employee"s expectations of continued employment and the future existence of the job. Perceptions of justice: procedural justice: procedures or rules used to determine which employees will be, interactional justice: the interpersonal treatment employees receive during the, distributive justice: the fairness of the downsizing decision downsized implementation of the downsizing decision. At the bowater mersey paper co. in brooklyn, nova scotia, senior managers threatened to close the plant for 250 employees.