Retrenchment - Is It a Downsizing Strategy

Managing Downturn - ICFAI Press Special Edition, 2009

13 Pages Posted: 30 Jun 2009

Date Written: June 30, 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.

Keywords: Down trend, down sizing, HR strategy, retrenchment, layoff

JEL Classification: J33

Suggested Citation

Ravichandran, Krishnamurthy, Retrenchment - Is It a Downsizing Strategy (June 30, 2009). Managing Downturn - ICFAI Press Special Edition, 2009, Available at SSRN: https://ssrn.com/abstract=1427726

Krishnamurthy Ravichandran (Contact Author)

King Saud University ( email )

PO Box 165
Riyadh 11451, AL KHARJ
Saudi Arabia
00966565123239 (Phone)

HOME PAGE: http://faculty.ksu.edu.sa\76225

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