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Exit strategies

Joseph P. Cangemi (Department of Psychology, Western Kentucky University, Bowling Green, Kentucky, USA)
Richard L. Miller (Department of Psychology, Western Kentucky University, Bowling Green, Kentucky, USA)

Journal of Management Development

ISSN: 0262-1711

Article publication date: 1 December 2004

Abstract

Job losses that are the result of mergers, sale of a company, restructuring, and downsizing as organizations struggle for profitability in a highly competitive corporate world are common. The reduction process forces organizations to employ a variety of exit strategies as they deal with the most difficult aspect of downsizing – the reduction of personnel from their organization as a means of rapid reduction of expense to the company. Considers some employee‐sensitive exit strategies.

Keywords

Citation

Cangemi, J.P. and Miller, R.L. (2004), "Exit strategies", Journal of Management Development, Vol. 23 No. 10, pp. 982-987. https://doi.org/10.1108/02621710410566900

Publisher

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Emerald Group Publishing Limited

Copyright © 2004, Emerald Group Publishing Limited