6 A review of redundancy-incorporating strategies
This chapter provides a review of existing strategies that incorporate redundancies including:
- asset reduction strategy
- convergence strategy
- reorientation strategy
- workforce reduction strategy
- work redesign strategy
- downscaling
- systematic strategy
- reallocation strategy.
Despite the various pitfalls identified in Part I of this book, the implementation of redundancy programmes is still a popular strategy to help organisations through recessions and to boost economic survival. Continuous recessions, such as the most recent global recession caused by COVID-19 restrictions, negatively impact business activities that necessitate the need for strategic intervention. ...
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