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While we have become numbed by the near daily accounts of new layoffs, a New York Times national survey finding is perhaps more telling: since 1980, a family member in one-third of all U.S. households has been laid off 2. By some measures, downsizing has failed abjectly as a tool to achieve the main raison d'etre, reduced costs. According to a Wyatt Company survey covering the period between 1985 and 1990, 89 percent of organizations which engaged in downsizing reported expense reduction as their primary goal, while only 42 percent actually reduced expenses. Downsizing for the sake of cost reduction alone has been castigated intellectually as short-sighted and neglectful of what resources will be needed to increase the revenue stream of the future 3...
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Common topics in this essay:
- Change Management and Organizational culture
- Corporate Downsizing
- corporate downsizing
- Downsizing & Corporate Dysmorphia
- Downsizing strategies and its effects
- Downsizing
- Downsizing
- Downsizing
- downsizing
- Five Factors And Downsizing
- R'ships after Downsizing
- downsizing
- Downsizing And Organizational Culture
- Downsizing
- downsizing
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