Downsizing: Is Less Still More?
Cary L. Cooper, Alankrita Pandey, James Campbell Quick
Cambridge University Press, Apr 19, 2012 - Business & Economics - 429 pages
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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1 Job loss and effects on firms and workers
2 How does downsizing come about?
3 The antecedents of downsizing
Part II Human outcomes
4 Human motivation and performance outcomes in the context of downsizing
A strategic human resource perspective on the disparate outcomes of downsizing
Survivor disease in the context of economic change
Part III Organizational outcomes
Probing the institutionalization of organizational downsizing
Downsizing in todays global economy
Part IV Postdownsizing implications
10 The stress outcomes of downsizing
11 Good downsizing
A global perspective
13 Exploring the etiology of positive stakeholder behavior in global downsizing
What do we know?
Other editions - View all
Academy of Management Administrative Science Armstrong-Stassen Brockner Budros Cameron Cascio citizenship behavior commitment companies competitive context corporate costs culture Datta DeWitt downsizing activity downsizing event Dragano economic effects of downsizing employee downsizing employment downsizing evidence executive perceptions factors financial performance firm performance firm’s following downsizing Fortune 500 Freeman Gandolfi global Hallock HR practices human capital Human Resource Management impact of downsizing implementation increased individual industry institutionalization internal job insecurity job loss announcements Journal of Management justice labor layoff announcements Management Journal Management Review managerial McKinley McMahan mergers and acquisitions Meuse Mishra negative organization’s Organizational Behavior organizational downsizing organizations outcomes perceived perspective positive post-downsizing proactive procedural justice productivity profitability psychological contract reactions relationship restructuring return on assets role shareholder significant stock price stress suppliers survivor syndrome survivors tions turnover victims Wall Street Journal wealth effects workers workforce reduction workplace