Abstract :
The aim of the study is to study the psychological impact of layoffs on the surviving
employees in the organizations. It is a descriptive study. The data has been collected
with the help of a designed questionnaire. The questionnaire was designed on the
parameters: stress, health problems, emotional impact, leisure impact, impact on
their children and interpersonal relations. The sample size of the study is 70. It is
concluded that the layoffs create adverse effects on the psychological well-being of
the employee, which leads to stress, health problems, reduction in entertainment
level. It is seen that due to layoffs the interpersonal relations also get effected to
some extent. It is also seen that stress is the main factor which is correlated with
almost all the parameters and the major outcome of the layoffs is the stress which is
responsible for the further problems that an employee faces during this period of
time.
