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Downsizing.


This article focuses on downsizing and reviews selected research on organizational change. Addresses the issues of "survivors", and also covers the strategic concerns in planning a downsizing operation and attempts to determine some specific reasons why some companies succeed at downsizing while others do not. Discusses an organization's context, composed of culture, level of trust and level of leadership, since it has a profound effect on a company's downsizing strategy. Examines case studies of Compaq Computer, the State of Oregon, and Patagonia and supports the need for the concerns of the surviving employees to be heard. In the case of these downsizings, the surviving employees were successfully shown that they should not feel victimized by the downsizing process, but instead should see this process as an opportunity for personal growth.

COPYRIGHT 1999 Society of Management Accountants of Canada
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999 Gale, Cengage Learning. All rights reserved.

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Author:Appelbaum, Steven H.; Close, Tamara G.; Klasa, Sandy
Publication:CMA Management
Article Type:Brief Article
Geographic Code:1CANA
Date:Nov 1, 1999
Words:130
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