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Retrenchment - Is It a Downsizing StrategyDr. Krishnamurthy RavichandranKing Saud University June 30, 2009 Managing Downturn - ICFAI Press Special Edition, 2009 Abstract: In times of economic adversity, organizations have multiple courses of action to consider. This paper synthesizes the existing literature from two perspectives - cost cutting and investment for growth. Conditions to consider for each choice are explained, overall recommendations for moving forward are provided, and potential research areas are identified.
Number of Pages in PDF File: 13 Keywords: Down trend, down sizing, HR strategy, retrenchment, layoff JEL Classification: J33 Accepted Paper SeriesDate posted: June 30, 2009Suggested CitationContact Information
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