A survey of factors that influence the attitudes of survivors of downsizing towards management and job security in the banking sector

Abstract

The survey for the study was carried out between July and August 2002. The study sought to determine the attitudes that survivors of downsizing have towards management and job security. The survivors were composed of employees and managers in the organizations. The respondents were drawn from the. banking sector in Nairobi and distributed to five employees and a manager. The information was collected using a' structured and uniform questionnaire. Seven managers and thirty-one employees completed the questionnaire. The findings of the study suggest that the managers generally had faith in management although they expressed job insecurity as a result of the downsizing. The employees felt that the management was unfair in the downsizing. The employees from the study experienced job insecurity raging from anger, increased job stress to resentment. In conclusion, it was found that the managers scored higher than the employees regarding attitudes towards management but this was to be expected since the issue was management. Both the groups experienced job insecurity, which was more marked in the employees.