ORGANIZATIONAL DOWNSIZING AND SURVIVORS’ PERFORMANCE: A STUDY OF FIRST BANK PLC. Cover Image

ORGANIZATIONAL DOWNSIZING AND SURVIVORS’ PERFORMANCE: A STUDY OF FIRST BANK PLC.
ORGANIZATIONAL DOWNSIZING AND SURVIVORS’ PERFORMANCE: A STUDY OF FIRST BANK PLC.

Author(s): Abayomi Olarewaju Adeoye, Enitan Mariam Lawrence
Subject(s): Business Economy / Management, Labor relations, Economic development, Human Resources in Economy
Published by: Dicle Üniversitesi, Sivil Havacılık Yüksekokulu
Keywords: Career advancement; Downsizing; Economic cost; Organization; Survivor; Technological advancement;

Summary/Abstract: Purpose-This research delves to investigate the association between organizational downscaling and survivor performance in the banking industry in Nigeria. This research draws on equity theory (Adams, 1963) and Herzberg's two-factor theory (Herzberg, Mausner & Snyderman, 1959). Methodology-The survey research design was adopted in conjunction with the non-probabilistic technique. 159 structured questionnaires were distributed and 132 (83%) were found usable for the analysis. The responses is measured in Likert type scales. Findings-Three hypotheses were tested, one divulges no relationship between technological advancement and survivor performance while career advancement opportunities and economic costs both have a relationship with survivor performance. Conclusion-The study thus recommends that managers involved in downsizing should display a high level of truthfulness, uprightness, candidness to ideas, and maintain a notch of unbiassed to both the survivors and those that are disengaged. The organization should likewise be transparent throughout the decision-making processes to everybody during the downscaling period.

  • Issue Year: 5/2021
  • Issue No: 9
  • Page Range: 1-16
  • Page Count: 16
  • Language: English
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