Effect of Lay-Off Survivor Sickness on Survivors’ Job Performance at Non-Managerial Level

Abstract

Changing dynamics of economies like recession, intense competition, political situations and adaptability have created an urge for organizations to go for downsizing or lay-off. Not only the victims of lay-off suffer from anxiety, stress, depression and fear of uncertain future but also the survivors who remain within the organization go through the same feelings. These psychological and emotional and conditions are termed as “Lay-off Survivor Sickness” which does not only affect the employees (Survivors) but ultimately the organization which sometimes fails to achieve its desirable objectives through downsizing.

Keywords: Lay-off survivor sickness, depression, anxiety, job insecurity, sense of loosing friends, survivors’ job performance