%0 Journal Article
%T Perceptions of Organizational Downsizing and Job Satisfaction Among Survivors in Nigerian Banks
%J Management
%@ 2162-8416
%D 2012
%I 
%R 10.5923/j.mm.20120204.04
%X The objective of the study was to determine how survivors¡¯ perception of downsizing as financially effective, inevitable, and liberating for victims affect their job satisfaction. Data was collected from 150 survivors in 8 banks operating in Makurdi metropolis. Pearson product moment correlation coefficient and regression were tools of data analysis. The study revealed that survivors¡¯ perception of downsizing as financially effective and inevitable negatively affect their job satisfaction. Though the relationship between survivors¡¯ perception of downsizing as liberating for victims and job satisfaction was positive, it was not statistically significant. The analysis of variance showed that there was no difference in survivors¡¯ perception of downsizing among the banks studied, while their level of job satisfaction varied. On the whole, we conclude that downsizing negatively affects the job satisfaction of survivors.
%K Downsizing
%K Job Satisfaction
%K Survivors
%K Banks
%K Nigeria
%U http://article.sapub.org/10.5923.j.mm.20120204.04.html