If You Think Downsizing Might Save Your Company, Think Again
Harvard Business
APRIL 26, 2017
American firms alone laid off more than 8 million workers from the end of 2008 to the middle of 2010. Many of these effects may have long-term consequences, like reduced innovation, that are not captured in short-term financial metrics. During the Great Recession of 2008, companies around the world downsized their workforces.
Let's personalize your content