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Question
multiple choice question
antons company has undergone a massive reorganization, and hundreds of jobs have been permanently eliminated, along with antons job. which of the following best describes antons dismissal?
firing
downsizing
layoff
demotion
Brief Explanations
- Firing usually occurs due to an employee's poor performance or misconduct.
- Downsizing refers to a company reducing its workforce as part of a strategic decision (like reorganization) to improve efficiency or cut costs.
- A lay - off is often a temporary suspension of employment (though can be permanent in some cases, but the term is more about the reason being lack of work rather than organizational restructuring in the same sense as downsizing).
- Demotion is a reduction in an employee's rank or status, not job elimination.
Since the company is undergoing a massive reorganization (a strategic move) and jobs are permanently eliminated, downsizing is the most appropriate term.
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Downsizing