Both situations arises because a company or an organization is facing problems when it comes to efficiency and profitability. The other situations that will cause downsizing or restructuring is when there is a merge, pressure from the competition, decrease in the hierarchy levels and/or the introduction of new and updated technologies that requires new hires; basically actions that puts the needs of the company on top of just profit. Despite these common grounds between the two corporate actions, they are not the same and have significant differences between them
Difference between Downsizing and Restructuring
Posted by Wisestepp under Human ResourcesFrom http://content.wisestep.com 2911 days ago
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