search query: @freeterm Downsizing / total: 31
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| Author: | Jeon, D-S. Shapiro, J. |
| Title: | Downsizing and job insecurity |
| Journal: | Journal of the European Economic Association
2007 : SEP, VOL. 5:5, p. 1043-1063 |
| Index terms: | job security lay-offs |
| Freeterms: | downsizing |
| Language: | eng |
| Abstract: | An explanation of why companies' downsizing patterns may vary substantially in magnitude and timing, taking the form of one-time massive cuts, waves of layoffs, or zero layoff policies, is offered here. The most important point of this theory is that workers' expectations about their job security affect their on-the-job performance. In a situation where companies face adverse shocks, the productivity effect of job insecurity forces companies to balance laying off redundant workers and maintaining survivors' commitment. |
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