Companies are an important part of all economies throughout the world because they are a source of tax, employment, and the production, and distribution of goods and services. Companies are formed with the aim of making gains from their activities of providing consumer goods and services. A company cannot function without workers, since the company does not have physical features or abilities. A company should provide a good working atmosphere for its workers so that they can work comfortably, and help the company to achieve its goals. Setting up and running a company involves some risks, for instance increased competition or obsolescence of its goods and services can make a company non-profitable. A non-profitable company cannot maintain workers for long therefore, it is wise for the company to reduce its workforce. Downsizing is relevant in a case that a business is not profitable or after a merger with another company to reduce job duplication.
The American dream upholds that all individuals and entities have the right to pursue their goals and dreams, to achieve the level an individual or entity defines as success. Therefore, the American dream is open individual definition. Downsizing is as a strategy that gives a company time to restructure, and it is a step not to inconvenience the workers later through lack of payment because of income problems. To some extent, money is freedom, since its availability enables an individual or entity to meet his/her/it’s needs efficiently, which includes a company being able to pay debts such as salaries and wages.
There are many skilled and learned adults, but there is a problem of limited opportunities because of the ever-increasing population, and the limited or slow increase in local and foreign investment and expansion. This leads to a large population competing for few jobs. The government has the greater responsibility to ensure that the country has a friendly atmosphere for business initiation and expansion. There is the saying that,” You earn what you learn,” since the level of education of an individual determines the probability of that individual getting opportunities, hence the higher the level of education, the easier it is to get a good paying job at corporations. Workers have an option of fighting downsizing and job scarcity by not only increasing their level of education but also think outside the box, and seeking for opportunities outside their physical localities and states, and through the exploitation of technology such as the internet.
The employer and employee should be loyal to each other; this is possible through a document that is proof of commitment such as a contract document and a letter of appointment. In addition, companies have a code of ethics whereby a worker is supposed to respect the confidentiality of a company’s sensitive information. In reality there are cases when the loyalty can be overridden, for instance, in case of a worker’s misconduct, the employer can dismiss the worker. A worker can also resign from work if he/she feels that working conditions are not favorable.
All individuals and business entities such companies, have the right to make options or choices that favor their interests. A worker makes the choice of the company that he/she wishes to work for and the same worker has right to make the choice of leaving a company. The same case applies to the company’s side, the company chose the worker to work for them, and the company has the right to dismiss a worker based on valid reasons such as the misconduct of the employee, duplication of work in case of a merger, or if the company is no longer able to pay the employee.
Free Argumentative Essay On Companies Employees And Downsizing
Type of paper: Argumentative Essay
Topic: Business, Services papers, Employment, Human Resource Management, Employee, Company, Education, Workplace
Pages: 2
Words: 600
Published: 01/11/2020
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