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Author:Vollmann, T.
Brazas, M.
Title:Downsizing
Journal:European Management Journal
1993 : MAR, VOL. 11:1, p. 18-29
Index terms:MANAGEMENT
LAY-OFFS
COMPANIES
Language:eng
Abstract:Downsizing - reducing the size of the company's workforce - is a job many managers face today, with little training or experience. Downsizing targeted entirely at cost control often fails to reverse the fortunes of a company facing decline, since it may fail to recognize the underlying causes of the cost crisis. Coupled with proactive restructuring strategies, however, downsizing can be another tool in the managerial kit bag to put the company on the road to domination rather than death.
SCIMA record nr: 109094
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