Cost reductions, downsizing-related layoffs, and HR practices.

  • Gandolfi F
  • 16

    Readers

    Mendeley users who have this article in their library.
  • N/A

    Citations

    Citations of this article.

Abstract

The article examines human resource practices as they pertain to cost reduction. The author stresses the importance of careful planning of any cost reduction activities to minimize the after-effects and other undesirable consequences of downsizing and possible layoffs. He notes that laying people off should be the last resort, not the first, because of their widespread negative effects. In this article, he presents a useful conceptual framework of cost reduction stages that contain short, medium, and long-term adjustments.

Author-supplied keywords

  • BUSINESS planning
  • CORPORATE reorganizations
  • COST control
  • COST effectiveness
  • DOWNSIZING of organizations
  • EMPLOYEES -- Dismissal of
  • INDUSTRIAL costs
  • LAYOFFS
  • ORGANIZATIONAL change
  • STRATEGIC planning

Get free article suggestions today

Mendeley saves you time finding and organizing research

Sign up here
Already have an account ?Sign in

Find this document

Authors

  • Franco Gandolfi

Cite this document

Choose a citation style from the tabs below

Save time finding and organizing research with Mendeley

Sign up for free