Corporate restructuring and its effect on employee morale and performance
Vikas Chaddha (Professor, JEMTEC, Vikas.chaddha@gmail.com 8882033978) Abstract: The organisations across the globe are facing more competitive markets, more demanding shareholders and more challenging workforce which has posed the challenges to the executives of the organisations to reorganise the firm. This restructuring has different impact at different levels on different times aiming at increasing cost efficiency and operational effectiveness. The impact of restructuring is often measured by the financial performance of the organisations but it is not measured by assessing its effect on the section which is most effected by implementation of any restructuring strategy that is human resources of that organisation. This paper is an attempt by the author to analyse the impact of the restructuring strategies on morale of employees of the organisation by measuring the change in factors that affect employee morale, pre and post restructuring.