What is Survivor Syndrome

Businesses merge with other businesses, acquire other businesses, and restructuring using various methods to reduce costs. One of these methods is downsizing. Many businesses that try to survive, especially in times of crisis, need organizational downsizing strategies. Organizational downsizing means reducing the number of employees and continuing with fewer employees in total. Early retirement, direct dismissal, freezing of hiring practices can be used in this context. Tourism is a sensitive sector due to the nature of the sector and sometimes there may be economically and financially problematic periods. Tourism businesses can achieve positive results in these periods with downsizing strategies. In this chapter, history of organizational downsizing, stages of organizational downsizing, and organizational downsizing strategies are explained by the literature.