Retrenchment - Is It a Downsizing Strategy
Dr. Krishnamurthy Ravichandran
King Saud University
June 30, 2009
Managing Downturn - ICFAI Press Special Edition, 2009
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: J33Accepted Paper Series
Date posted: June 30, 2009
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