Alan Downs - Corporate executions: the ugly truth about layoffs--how corporate greed is shattering lives, companies, and communities
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Corporate executions: the ugly truth about layoffs--how corporate greed is shattering lives, companies, and communities
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This text argues that downsizing has had devastating consequences on companies, employees and communities. It offers solutions for creating leaner, more competitive organizations through controlled growth and responsible planning. The book plays into the ongoing debate about the role of shareholders versus employees and communities, the advent of turbo-charged capitalism and the question of whether businesses should have a responsibility beyond the short-term bottom line.
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The Ugly Truth About Layoffs-How Corporate Greed Is Shattering Lives, Companies, and Communities
Alan Downs
amacom American Management Association
New York Atlanta Boston Chicago Kansas City San Francisco Washington, D. C.Brussels Mexico City Tokyo Toronto
title
:
Corporate Executions : The Ugly Truth About Layoffs--how Corporate Greed Is Shattering Lives, Companies, and Communities
author
:
Downs, Alan.
publisher
:
AMACOM Books
isbn10 | asin
:
0814479383
print isbn13
:
9780814479384
ebook isbn13
:
9780585025889
language
:
English
subject
Layoff systems, Downsizing of organizations, Hours of labor.
publication date
:
1995
lcc
:
HD5708.5.D69 1995eb
ddc
:
331.25
subject
:
Layoff systems, Downsizing of organizations, Hours of labor.
This book is available at a special discount when ordered in bulk quantities. For information, contact Special Sales Department, AMACOM, a division of American Management Association, 1601 Broadway, New York, NY 10019.
This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought.
Library of Congress Cataloging-in-Publication Data
Downs, Alan. Corporate executions : the ugly truth about layoffs-how corporate greed is shattering lives, companies, and communities / Alan Downs. p. cm. Includes bibliographical references and index. ISBN 0-8144-0307-7 ISBN 0-8144-7938-3 (pbk.) 1. Layoff systems. 2. Downsizing of organizations. 3. Hours of labor. I. Title. HD5708.5.D69 1995 331.25-dc20 95-20455 CIP
1995 Alan Downs. All rights reserved. Printed in the United States of America.
This publication may not be reproduced, stored in a retrieval system, or transmitted in whole or in part, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of AMACOM, a division of American Management Association, 1601 Broadway, New York, NY 10019.
First AMACOM paperback edition 1996.
Printing number
10 9 8 7 6 5 4 3 2 1
To Jason, Kevin, Timothy, David, Caleb, Chris, Daniel, Colin, Connor, and Katherine. May they grow up to work in a world where layoffs are an oddity of the past.
Contents
Preface
ix
Acknowledgments
xiii
Part One The Jury Is In: Evidence and Verdict on Layoffs
1
1
The Truth About Layoffs
3
2
The Rise of Corporate Narcissism
22
3
After the Layoff: The Survival Syndrome
40
4
We All Lose
55
Part Two The Anatomy of a Layoff
67
5
A Mass Execution
69
6
One-on-One Executions
81
7
Human Resources as the Corporate KGB
91
Part Three The Personal Cost of a Layoff: Pain and Recovery
105
8
Have a Great Vacation
107
9
Falling Down
117
10
The Cruelest Cut: Laying Off Older Workers
127
11
Personal Layoff Protection
139
Page viii
Part Four No More Slash and Burn: Choices and Opportunities
149
12
The Toxic Prescription: When a Layoff Is the Only Option
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