Impact of Layoff on Entrepreneurial Intentions and Willingness to Job Application

Many companies are currently stopping and experiencing losses as a result of facing the pressure of the Covid-19 pandemic and also massive competition amidst technological improvements in all sectors. Companies that are not strong enough to face pressure finally use a strategy of massive layoffs to...

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Main Authors: Christian Wiradendi Wolor, Ayatulloh Michael Musyaffi, Datu Razali Datu Eranza, Ahmad Nurkhin, Rosidah, Mahmoud Ali Rababah
Format: Article
Language:en
en
Published: Success Culture Press, Hong Kong 2023
Subjects:
Online Access:https://eprints.ums.edu.my/id/eprint/38721/1/ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/38721/2/FULL%20TEXT.pdf
https://eprints.ums.edu.my/id/eprint/38721/
https://doi.org/10.33168/JSMS.2023.0319
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author Christian Wiradendi Wolor
Ayatulloh Michael Musyaffi
Datu Razali Datu Eranza
Ahmad Nurkhin
Rosidah
Mahmoud Ali Rababah
author_facet Christian Wiradendi Wolor
Ayatulloh Michael Musyaffi
Datu Razali Datu Eranza
Ahmad Nurkhin
Rosidah
Mahmoud Ali Rababah
author_sort Christian Wiradendi Wolor
building UMS Library
collection Institutional Repository
content_provider Universiti Malaysia Sabah
content_source UMS Institutional Repository
continent Asia
country Malaysia
description Many companies are currently stopping and experiencing losses as a result of facing the pressure of the Covid-19 pandemic and also massive competition amidst technological improvements in all sectors. Companies that are not strong enough to face pressure finally use a strategy of massive layoffs to increase business efficiency. In this regard, it is necessary to know the impact of employee layoffs at the end of the Covid-19 pandemic on interest in working again and willingness to apply for jobs. This study is very important to provide implications for the government in providing policies and regulations to reduce unemployment and improve the country's economy. Therefore, a study was conducted by distributing questionnaires to 400 employees affected by layoffs from 10 regions in Indonesia. Analysis using the structural equation model shows that although layoffs have no effect on stress, stress does have an effect on entrepreneurial intentions and willingness to apply for jobs. However, layoffs affect entrepreneurial intentions and willingness to apply for jobs. This study makes an important contribution to the existing literature by empirically examining the relationship between layoffs, stress, entrepreneurial intentions and willingness to job application.
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spelling my.ums.eprints-387212024-05-24T01:20:37Z https://eprints.ums.edu.my/id/eprint/38721/ Impact of Layoff on Entrepreneurial Intentions and Willingness to Job Application Christian Wiradendi Wolor Ayatulloh Michael Musyaffi Datu Razali Datu Eranza Ahmad Nurkhin Rosidah Mahmoud Ali Rababah HB615-715 Entrepreneurship. Risk and uncertainty. Property HG3810-4000 Foreign exchange. International finance. International monetary system Many companies are currently stopping and experiencing losses as a result of facing the pressure of the Covid-19 pandemic and also massive competition amidst technological improvements in all sectors. Companies that are not strong enough to face pressure finally use a strategy of massive layoffs to increase business efficiency. In this regard, it is necessary to know the impact of employee layoffs at the end of the Covid-19 pandemic on interest in working again and willingness to apply for jobs. This study is very important to provide implications for the government in providing policies and regulations to reduce unemployment and improve the country's economy. Therefore, a study was conducted by distributing questionnaires to 400 employees affected by layoffs from 10 regions in Indonesia. Analysis using the structural equation model shows that although layoffs have no effect on stress, stress does have an effect on entrepreneurial intentions and willingness to apply for jobs. However, layoffs affect entrepreneurial intentions and willingness to apply for jobs. This study makes an important contribution to the existing literature by empirically examining the relationship between layoffs, stress, entrepreneurial intentions and willingness to job application. Success Culture Press, Hong Kong 2023 Article NonPeerReviewed text en https://eprints.ums.edu.my/id/eprint/38721/1/ABSTRACT.pdf text en https://eprints.ums.edu.my/id/eprint/38721/2/FULL%20TEXT.pdf Christian Wiradendi Wolor and Ayatulloh Michael Musyaffi and Datu Razali Datu Eranza and Ahmad Nurkhin and Rosidah and Mahmoud Ali Rababah (2023) Impact of Layoff on Entrepreneurial Intentions and Willingness to Job Application. Journal of System and Management Sciences, 13 (3). pp. 277-289. ISSN 1816-6075 https://doi.org/10.33168/JSMS.2023.0319
spellingShingle HB615-715 Entrepreneurship. Risk and uncertainty. Property
HG3810-4000 Foreign exchange. International finance. International monetary system
Christian Wiradendi Wolor
Ayatulloh Michael Musyaffi
Datu Razali Datu Eranza
Ahmad Nurkhin
Rosidah
Mahmoud Ali Rababah
Impact of Layoff on Entrepreneurial Intentions and Willingness to Job Application
title Impact of Layoff on Entrepreneurial Intentions and Willingness to Job Application
title_full Impact of Layoff on Entrepreneurial Intentions and Willingness to Job Application
title_fullStr Impact of Layoff on Entrepreneurial Intentions and Willingness to Job Application
title_full_unstemmed Impact of Layoff on Entrepreneurial Intentions and Willingness to Job Application
title_short Impact of Layoff on Entrepreneurial Intentions and Willingness to Job Application
title_sort impact of layoff on entrepreneurial intentions and willingness to job application
topic HB615-715 Entrepreneurship. Risk and uncertainty. Property
HG3810-4000 Foreign exchange. International finance. International monetary system
url https://eprints.ums.edu.my/id/eprint/38721/1/ABSTRACT.pdf
https://eprints.ums.edu.my/id/eprint/38721/2/FULL%20TEXT.pdf
https://eprints.ums.edu.my/id/eprint/38721/
https://doi.org/10.33168/JSMS.2023.0319
url_provider http://eprints.ums.edu.my/