#HR word:#Employment #Displacement

13 Mar

Employment displacement is the termination of an employee’s job as a result of elimination of the position he was holding. 

 This happens generally in case of organisation restructuring, downsizing, automation, merger/acquisition or any other big change in the organisation.

For example: When a bank gets computerised, the jobs done by 5 clerks would be eliminated and only 1 computer operator would be needed. Hence, if the bank decides to terminate the clerks, then the scenario would be an example of employment displacement.

Happy Holi to all..

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Posted by on March 13, 2017 in HR Word of The Day


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