Planning for a leaner, fitter company

Abstract

The word “downsizing” is most often used as a euphemism for cutting the workforce, here, however, makes the distinction between downsizing and “laying people off”. Suggests that, while both bring about a reduction in the number of employees, downsizing offers strategic opportunities whereas layoffs often have negative long‐term effects.

Citation

(1997), "Planning for a leaner, fitter company", Management Development Review, Vol. 10 No. 1, pp. 9-11. https://doi.org/10.1108/EUM0000000004342