Downsizing as a strategy for business reorganization: is it feasible in the post-COVID-19 pandemic era?

Abstract

The general objective of this research is based on analyzing downsizing as a strategy for business reorganization and verifying its feasibility in the post-pandemic. The applied methodology is of a bibliographic design of a documentary type. Downsizing, despite not being highly appreciated, especially at present because it is facing the consequences of the COVID-19 pandemic, allows us to face these external situations of change due to the economic, political and social restrictions imposed by the countries, as well as also being able to remain active in the market despite the difficulties caused by the decrease in productive activities; In the same way, the managers, by knowing better and understanding the advantages that it has, it can be achieved that the people involved improve their points of view and accept that the applied organizational changes are made not only to achieve the goals, but also to achieve satisfaction. work among employees, minimizing work stress, and increasing productivity levels. Likewise, downsizing has made it possible to facilitate the management of work areas where complex processes existed and which, as a result of the pandemic, had to reduce their operations, therefore, by reducing the use of resources to optimize these processes, activities that allow the proper management of operations and increase profitability that has been so affected by the presence of the Coronavirus.