Welcome to

Human Resource Management

Deregulation[ ]

What is

Deregulation ?

Deregulation involves

removing government

legislation and laws in

a particular market.

In many countries, governments

stripped away regulations.

In the United States, for instance, giant multinational

“financial supermarkets”

such as Citibank quickly emerged.

The search for greater efficiencies prompts many

employers to offshore

(export jobs to lower-cost locations abroad). Many employers offshore even

highly skilled jobs such as sales managers, general

managers, and HR managers.

As economies boomed, more businesses and

consumers went deeply into debt. Homebuyers

bought homes, often with little money down. Banks

freely lent money to developers to build more homes

Well…have you had experiences how

easy to lend money from the banks?

Next, let’s try to understand how the

nature of work changes in globalization!