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Alternatives to Downsizing"Downsizing has been a pervasive managerial practice for the past ten years. It has been the unquestioning norm that, if a company finds itself in financial difficulties, THE way out is to downsize by cutting personnel. Yet concern is growing about the human costs that accompany downsizing, and questions are being asked about its impact on the macro-economy: as more people are downsized out of jobs, who is there to buy the downsized companies' products? Furthermore we now know that downsizing rarely returns the benefits expected of it: a downsized firm is often worse placed, not better, to compete." � Email Link | iFaveIt | Read: rotman.utoronto.ca Comments: [add a comment]To reply to this topic or add a comment, just complete our 20-second registration process which is free and confidential. If you have already registered, you need to log in. |
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