Home
2pix.gif (809 bytes)
Main Menu
2pix.gif (119 bytes)
Layoffs Menu
2pix.gif (809 bytes)
10pix.gif (821 bytes)Next2pix.gif (809 bytes)

  

 

 

 Downsizing animation
the making smaller of a company or a subsidiary therein; motivated by a perceived need to restore life to the ailing and noncompetitive entity.
  • Proponents espouse that downsizing increases competitiveness, allowing for expansion and rehirings in the future from a better, more educated workforce.
    10pix.gif (821 bytes)
  • Opponents perceive downsizing as a heartless corporate move creating the commoditization of human labor.

Preparing Your Business for the Global Economy (New York: Business Week/McGraw-Hill, 1997)