Lay-off Survivor Sickness Syndrome (Investigating the Lasting Impact on Performance of Survivors in the Context of Age and Gender in Private Sector Organizations of Pakistan)
Lay-off Survivor Sickness Syndrome is combination of different psychological and emotional disorders like anxiety, stress, depression and fear of uncertain future and other similar conditions. It arises as a result of organizational change such as implementation of change process or downsizing which is the reflection of response to external changes such as changing dynamics of economies like recession, intense competition; political situations and adaptability. Not only the victims of lay-off suffer from Lay-off Survivor Sickness but also the survivors who remain within the organization go through the same feelings. These conditions sometimes last for months or even years and demographic characteristics of survivors can also influence the duration of lay-off survivor sickness which do not only affect the employees (Survivors) and their families but also the organizations which sometimes fail to achieve their desirable objectives through downsizing or change process.
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