2 Success of redundancies as a business strategy

DOI: 10.4324/9781003030416-3

This chapter addresses the likely economic success of implementing redundancies, the anticipated outcomes and how this compares to the reality and likely aftermath. The positive and negative implications of implementing redundancies and why most organisations fail to reap economic success are discussed. Rationale is provided for the difficulty in demonstrating cost savings. This chapter also discusses the anticipated and unforeseen cost of implementing redundancies.

The economic success of implementing redundancies

Organisations facing competitive pressures use redundancies as a business or human resource management strategy in an attempt to reduce costs and increase ...

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