Professional Documents
Culture Documents
Presentation - Organizational Justice
Presentation - Organizational Justice
Presentation - Organizational Justice
DOWNSIZING PROCESS
Reference: Cascio, W. F., & Wynn, P. (2004). Managing a downsizing process.
Human Resource Management, 43(4), 425-436.
Reduced stress,
Perceptions of increased Organizational
procedural fair performance, Citizenship
treatment commitment, job Behaviours (OCBs)
satisfaction, trust
BRIDGING THE GAP BETWEEN THEORY
AND PRACTICE
High Share-the-pain
morale philosophy
BRIDGING THE GAP BETWEEN THEORY
AND PRACTICE
Employees developed
Importance of
suggestions regarding the
CHOICE
pay cut
BRIDGING THE GAP BETWEEN THEORY
AND PRACTICE
• Implementation of 2 programs:
1. Voluntary resignation & voluntary retirement
2. Sabbatical Leave
• First quarter of 2002…
• Significant improvement
• In 2003, Xilinx had overtaken all his three major competitors
• Pluses of this downturn:
1. Large financial knowledge
2. Better management of performance
3. Employee loyalty
AVOIDING COMMON MISTAKES
3. Executives should make their concerns known to employees and seek their input
4. Top management should lead by example, and use downsizing as a last resort
7. Give old employees a reason to stay – give new hires a reason to join