So the bean counters got a little jittery and whacked 500 jobs at your company. They're happy because their only motive is profit, but what about you? According to a Finnish study, employees who survive a purge are likely to suffer from a variety of maladies related to the firings, including a fivefold increase in backaches and muscle problems. Absenteeism shoots up, too, as feelings of job insecurity rise. "Downsizing, this reduction of personnel, seems to affect very clearly the health of those who remain in the organization," said Dr. Mika Kivimaki of the University of Helsinki. To which the average CEO will reply, "Yeah, whatever."
Downsizing
So the bean counters got a little jittery and whacked 500 jobs at your company. They're happy because their only motive is profit, but what about you? According to a Finnish study, employees who survive a purge are likely to suffer from a variety of maladies related to the firings, including a fivefold increase in backaches and muscle problems. Absenteeism shoots up, too, as feelings of job insecurity rise. "Downsizing, this reduction of personnel, seems to affect very clearly the health of those who remain in the organization," said Dr. Mika Kivimaki of the University of Helsinki. To which the average CEO will reply, "Yeah, whatever."
