Once Again, Downsizing is Still a Bad Idea

Thursday, May 6th, 2010

Great article in this morning’s The Wall Street Journal titled Recalculating the Costs of Big Layoffs. Lots of good hard-number examples. It still amazes me after so many years of solid research on the impact of downsizing (see Wayne Cascio’s work for starter) that it still seems to be the default reaction when costs have to be cut.

I encourage you to read this fine article by Scott Thurm and pass it along.