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Resizing The Organization 24

Resizing The Organization 24. This book seeks to provide executives with useful insights, tools, guidelines, principles, and lessons learned about organizational transition and change. | Impact of Layoffs on Family Friendship and Community Networks 211 Outplacement Retraining and Counseling Services Although outplacement services may not significantly decrease the amount of time workers are unemployed they may be very instrumental in improving the quality of replacement jobs obtained. Outplacement helps recently downsized employees get organized for a thorough job search prepare or update their resumes refresh their interview skills network with potential employers and learn new techniques for locating job leads such as using on-line recruiting services Feldman Leana 2000 . Many corporations are now hiring outside consulting firms like Drake Beam Morin to provide these outplacement services rather than providing such services in-house. These outplacement firms provide different levels of assistance to downsized employees depending on the beneficence of the terminating organization and the hierarchical position of the employees who were let go. For instance top-level executives are often given six months of outplacement assistance that includes one-on-one counseling while lower-level managers are more likely to receive three months of outplacement assistance and receive counseling in groups. Similarly retraining helps laid-off workers in declining occupations and industries obtain new skills to improve employment prospects elsewhere. For example corporations like General Electric have partnered with local community colleges to prepare their laid-off workers for other employment opportunities nearby. Among other types of assistance GE has bused workers in shifts to out-of-town job fairs and has provided funds to laid-off employees from its Employee Venture Fund to help them launch new businesses Feldman Leana 1994 Knowdell Branstead Moravec 1994 . Many organizations have also included counseling services as part of their outplacement packages or retraining efforts. In some cases employees have received counseling to get them psychologically ready to