The Impact of Downsizing on the Socio-Economics Condition on Affected Employees. The Case of Pakistan International Airline

Naveed Saif (), Khalid Rehman (), Shafiq ur Rehman (), Muh Saqib Khan (), Zia-Ur-Rehman () and Bakhtiar Khan ()
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Naveed Saif: Gomal University
Khalid Rehman: Gomal University
Shafiq ur Rehman: University of Malakand (UOM)
Muh Saqib Khan: Gomal University
Zia-Ur-Rehman: University Dera Ismail
Bakhtiar Khan: Gomal University

International Journal of Academic Research in Accounting, Finance and Management Sciences, 2013, vol. 3, issue 1, 68-79

Abstract: This research study examines the process of downsizing and is impact on the socio-economic condition of affected employee. It was conducted in September 2008 in different areas of NWFP namely district Bannu, Tank, Lakki Marwat and D.I. Khan. A sample of 40 people was taken for this purpose. The average score of the respondent on the instruction of downsizing in the organization show s that mostly affected employees did not like the downsizing process. In particular they responded that downsizing is threat for their individual as well as social and economic life. Similarly the response average for health facilities and spouse education shows that they were satisfied with the health facilities and most of the respondent indicates that because of downsizing their spouse education was affected the final finding indicates that employees were highly affected in term of health facilities. Spouse education, New job finding, social, economic conditions and living standard.

Keywords: Downsizing; social and economic condition; dependent affected employees (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:hur:ijaraf:v:3:y:2013:i:1:p:68-79

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