search query: @indexterm Lay-offs / total: 128
reference: 32 / 128
| Author: | Sherman, S. |
| Title: | Levi's: As ye sew, so shall ye reap |
| Journal: | Fortune
1997 : MAY, VOL. 135:9, p. 72-78 |
| Index terms: | CLOTHING AND FOOTWEAR INDUSTRY CORPORATE CULTURE LOYALTY WORKERS LAY-OFFS |
| Language: | eng |
| Abstract: | The world's premier blue jeas maker has paid a lot of attention to the issues of worker loyalty and trust long before it became fashionable, but now Levi Strauss is announcing that it is eliminating 1, 000 salaried jobs. That may put to a test whether the champion wealth creator's widely admired culture is merely a reflection of private company's vanity or template for success. Levi's CEO tells that lay-offs are needed because the remarkable growth of the past decade had some unwanted consecuences: The focus became diffused, the firm became less attentive in hiring , staffing and cost-control efforts. |
SCIMA