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Job losses that are the result of mergers, sale of a company, restructuring, and downsizing as organizations struggle for profitability in a highly competitive corporate world are common. The reduction process forces organizations to employ a variety of exit strategies as they deal with the most difficult aspect of downsizing – the reduction of personnel from their organization as a means of rapid reduction of expense to the company. Considers some employee‐sensitive exit strategies.
Journal of Management Development – Emerald Publishing
Published: Dec 1, 2004
Keywords: Downsizing; Redundancy; Employees
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