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. Proponents of downsizing argue that it is an effective strategy, with benefits such as increased performance and sales. During the Great Recession of 2008, companies around the world downsized their workforces.
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