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Corporate Downsizing
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- INTRODUCTION -
Downsizing, restructuring, rightsizing, even a term as obscure as census
readjustment has been used to describe the plague that has been affecting
corporate America for years and has left many of its hardest working employees
without work. In the 1980's, twenty-five percent of middle management was
eliminated in the United States ....
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....,
and who will remain with the company. During this stage, there is one common
mistake many companies make: lack of communication. The middle management is
usually left out of all downsizing plans. This is wrong and creates a big
mistake. Middle management should be looked upon as a valuable tool for giving
input where cuts should be made (Moor.... |
| Word count: 1483 |
Page count: 6 |
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