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Full Description
This incisive guide showcases contemporary downsizing scholarship and practice, examining downsizing effects on firm performance and employee attitudes and behaviors. It presents historical analyses and comprehensive literature reviews, as well as empirical and theoretical assessments of contextual influences on downsizing.
Renowned experts apply an array of theories to address leadership and managerial motives, downsizing implementation and its effects. They offer insight to workforce reductions in family firms, evolving psychological contracts, justice enactment, mental health, and post-layoff re-employment behaviors. The book offers updated perspectives on why downsizing occurs, how digitalization is affecting work and downsizing, and how people are navigating an evolving landscape.
A Concise Guide to Corporate Downsizing is designed for students and academics in economics, strategy, and management. Its historical and forward-looking approach to downsizing makes it an essential read for business leaders, investors, analysts and human resource professionals.
Contents
Contents
Introduction to corporate downsizing 1
Rocki-Lee DeWitt and Alyson P. House
1 A review and synthesis of downsizing research: the dilemma endures 8
Alyson P. House and Rocki-Lee DeWitt
2 What do analysts and investors need to know about employment downsizing? 59
Wayne F. Cascio, Arjun Chatrath and Rohan A. Christie-David
3 Confirmation and compensation: extending the socio-cognitive perspective on workforce downsizing 95
Matthias Brauer and Martin Zimmermann
4 Research on workforce reductions in family firms: a review and future directions 121
Fernando Muñoz-Bullón and María J. Sánchez-Bueno
5 Navigating the digital shift: downsizing magnitude and its timing under corporate digitalization 164
Rick (H. L.) Aalbers and Jasper (J. D.) van Boven
6 Leadership, prevention, and the mental health side of downsizing 201
James Campbell Quick
7 The crucial role of managers in enacting organizational justice in downsizing situations 223
David Patient and Marjo-Riitta Diehl
8 New directions for psychological contracts and downsizing: delivering and managing the bad news, layoff footprint, and algorithmic management 254
Maria Tomprou, Sandra Costa and Tiago Rôxo Aguiar
9 An investigation of downsizing social status, internal networking, and strengths crafting 282
Jessica R. L. Good, Michael Halinski and Janet A. Boekhorst
