Downsizing: Is Less Still More?

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Cary L. Cooper, Alankrita Pandey, James Campbell Quick
Cambridge University Press, Apr 19, 2012 - Business & Economics - 429 pages
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Downsizing is one of the most frequently used business strategies for reducing costs, returning firms to profit or for restructuring businesses following takeovers, mergers and acquisitions. Downsizing measures are also set to become much more prevalent in the public sector as governments seek to restrict levels of public spending. This book is one of the first to provide a thorough study of downsizing from a global perspective. It examines the phenomenon in its entirety, exploring how it is initiated and what the process of downsizing looks like. It also looks at the effects of downsizing at a number of different levels, from the individual (e.g., motivational effects, effects on health and stress levels) to the organizational (e.g., financial outcomes, reputational and productivity outcomes). Written by an international team of experts, the book provides a comprehensive overview of downsizing that examines both the strategic and human implications of this process.
 

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Contents

1 Job loss and effects on firms and workers
3
2 How does downsizing come about?
51
3 The antecedents of downsizing
76
Part II Human outcomes
101
4 Human motivation and performance outcomes in the context of downsizing
103
A strategic human resource perspective on the disparate outcomes of downsizing
134
Survivor disease in the context of economic change
168
Part III Organizational outcomes
197
Probing the institutionalization of organizational downsizing
228
Downsizing in todays global economy
258
Part IV Postdownsizing implications
291
10 The stress outcomes of downsizing
293
11 Good downsizing
326
A global perspective
356
13 Exploring the etiology of positive stakeholder behavior in global downsizing
389
Index
418

What do we know?
199

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About the author (2012)

Cary L. Cooper, CBE is Distinguished Professor of Organizational Psychology and Health at Lancaster University Management School.

Alankrita Pandey is a Ph.D. candidate in the Department of Management at the University of Texas at Arlington College of Business.

James Campbell Quick is John and Judy Goolsby Distinguished Professor in the Department of Management at the University of Texas at Arlington College of Business.