This week we talked about chapter 5. I learned a lot and feel like the discussion in most of class and in our groups was directed at downsizing and outsourcing. I really think it's interesting to learn about this, especially in our economy. I learned that if you are going to downsize you better be pretty positive it is the right thing to do because many companies turn around and have to hire employees back at a premium. Many companies don't think about the affects that downsizing may have and many people provide very valuable information that the company needs. Managers may not think about this when laying people off. Also, many companies have started offering early retirement programs as to incentivize employees to leave sooner. A lot of older workers however have no intentions of retiring anytime soon so employers need to be careful and sensitive when it comes to this. A few other ways of downsizing are to use outsourcing or to hire temporary workers.
I think the main point to the discussion and from the text is clear. Management and HR just need to be careful about the decisions they make. It is important to clearly think through the individual and their tasks at the company. Maybe they will be more profitable in the long run if they decide to keep someone even if it will cost more now. I think these situations are best answered by the best answer to any business question... "it depends..."
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