ADVISORY/Lay-Offs May Effect Retained Employees.

Business Editors

ADVISORY...

--(BUSINESS WIRE)--March 20, 2001

TOPIC: A growing body of research implies that employees who survive layoffs
may be prone to the same psychological stress as those of their pink-slipped
co-workers, including depression, anxiety, social isolation, suspicion and
stress-related illness. According to a story in the Washington Post, some
experts reportedly are coining a new term -- "layoff-survivor sickness" or
"survivor syndrome" -- to describe the ailments observed in many employees who
work for companies that are going through downsizing. Experts in the story said
employers often don't understand nor plan for the psychological toll of
downsizing, which reportedly could harm the company's productivity in the long
run. EXPERTS: ExpertSource can offer several highly qualified experts to
comment on this story:

Prof. Martha McClintock is a psychologist at the University of Chicago whose expertise includes stress in the workplace. 773/702-2579

Prof. Larry Froman teaches management at Towsen University. His expertise includes change management and psychology. 410/830-2678

Prof. Carole Barnett teaches management at the University of New Hampshire. Her expertise include psychology, organizational change and transformation, organizational crisis and corporate culture. 603/862-3307

Fran Flood is President and CEO of Gentner Communications Corp in Salt Lake City. She has over 25 years experience in multiple executive-level management positions. In each assignment, her primary responsibility has been in the area of change management. Most recently, she led Gentner Communications to 12 consecutive quarters of profitability--a first in its 19 year history, while more than doubling revenues and increasing the company's stock price by 2,000 percent. PR: Bryce Benson [e-mail]

Dr. Lisa Perry is a Magna Cum Laude Licensed psychologist who entered private practice in 1990. Her experience includes work as a Staff Psychologist at the VA Medical Center, Spalding Rehabilitation Hospital, Denver and a Consulting Psychologist at Avista Hospital, Louisville. Her private practice work with adults dealing with a variety of issues including depression, stress, anxiety, mild brain injury and post-traumatic stress disorder. PR: Jheri Fleet 303/320-4540; [e-mail]

ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue.

ExpertSource, a collaboration of Business Wire and The Round Table Group, provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at http://www.businesswire.com/expertsource.

Business Wire's Media Resource Center provides working journalists many free media services. Please visit the BW Media Resource Center at (www.businesswire.com/media) for more information.