Businesses operate in a volatile environment. From time to time, the business environment changes and organization are required to change with their operation in order to respond to the changing business environment. There are many strategies through which business responds to a changing business environment, one of them being downsizing to reduce the cost of operations. Through downsizing an organization aims at cutting the cost of operation by either merging department, laying off some employer, or through any other strategy that cuts on overhead costs. According to Meade (2016) Fairfax Media has found the business environment challenging and has responded by downsizing.