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Use and Management of Downsizing as a Corporate Strategy


The recent economic challenges have led corporations to increase their use of downsizing to manage costs. This briefing uses a question and answer format to summarize the research on common mistakes, costs, alternatives, and best practices related to downsizing. It was written by Dr. Wayne Cascio, a noted expert on the subject and author of Responsible Restructuring: Creative and Profitable Alternatives to Layoffs.