Abstract
Businesses merge with other businesses, acquire other businesses, and restructuring using various methods to reduce costs. One of these methods is downsizing. Many businesses that try to survive, especially in times of crisis, need organizational downsizing strategies. Organizational downsizing means reducing the number of employees and continuing with fewer employees in total. Early retirement, direct dismissal, freezing of hiring practices can be used in this context. Tourism is a sensitive sector due to the nature of the sector and sometimes there may be economically and financially problematic periods. Tourism businesses can achieve positive results in these periods with downsizing strategies. In this chapter, history of organizational downsizing, stages of organizational downsizing, and organizational downsizing strategies are explained by the literature.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
