Section FourTable 4-1 continued
Key Findings About Downsizing
Downsizing is not a one-time, quick-fix solution to enhance
competitiveness. Rather, it should be viewed as part of a
process of continuous improvement.
Source: Extracted from Wayne F. Cascio. “Downsizing: What Do We Know? What Have
We Learned?” Academy of Management Execuive 7, no. 1 (1993): 103. Reprinted with
permission of Academy of Management Executive.
tFurther, layoffs have too frequently been conducted
without sufficient regard for employees. In order to minimize
the adverse consequences to employees, managers should
consider the guidelines that are presented in Table 4-2 and
discussed in the following paragraphs.