Question: What are the effects that downsizing in an organization can have on the community? Other businesses are likely to benefit due to a greater hiring
What are the effects that downsizing in an organization can have on the community?
Other businesses are likely to benefit due to a greater hiring pool.
Laidoff employees have more time to volunteer to their communities, resulting in a positive impact.
Organizational downsizing has minimal impact on surrounding communities.
The community will drive the organization out of business in retaliation.
Laidoff employees spend less, resulting in less money for other businesses.
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