Individual Project. I will need 1,000-1,250 words.You anticipate a great deal of resistance to change from the employees of Pegasus, especially if there are layoffs involved. You and the HRD group must first identify the emotional factors of change and then present a plan to address these issues to the company in a meeting. You must consider the overall culture of the organization as well as all the subcultures.ÿResearch how people and organizations react to change, both positive and negative. Review articles and books on how organizations have successfully moved through changes, and study those that have failed to make changes to succeed. Develop a set of recommendations that will minimize the negative reactions from individuals and the organization to the change being planned for Pegasus.I will need 4-6 slides with speaker notesPrepare a presentation for Pegasus’ senior management team, focusing on anticipated employee reactions to organizational change (including the possibility of layoffs), and complete the following:Present your findings from your research and surveys on how people react to change.Propose an action plan to address these reactions.Discuss the financial impact of emotional reactions to change so your audience ?buys in? to any proposed investments of time or money.