Final answer:
Organizational redundancies are the excess resources that large companies have to assist them. During a recession, companies retain workers to avoid costs. After a recession, companies may wait to hire new workers until they are confident.
Step-by-step explanation:
The excess resources that large companies tend to have to assist them are referred to as organizational redundancies. During a recession, companies may retain workers to avoid the costs of hiring and training new ones. Similarly, after a recession, companies may wait to hire new workers until they are confident that the improvement in business will last.