Alternatives To Organizational Downsizing: A German Case Study
Written by forumSME Admin
In the past few years, a new wave of downsizing has been observed. This wave began during the economic recession of the early 1990s and has continued during the subsequent years of economic growth. While the espoused purpose of this wave of downsizing is to reduce costs and increase “competitiveness,” empirical research raises doubts about whether these goals have actually been achieved.