If You Think Downsizing Might Save Your Company, Think Again
Harvard Business Review
APRIL 26, 2017
Even in healthier financial times, such as now, firms often downsize because it is seen as a way to reduce costs, adjust structures, and create leaner, more efficient workplaces. American firms alone laid off more than 8 million workers from the end of 2008 to the middle of 2010.
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