Downsizing and outsourcing. (reducing the white collar work force) (Economic Outlook)

From: Business Forum | Date: September 22, 1992| Author: Pilarski, Adam M. | Copyright information

The recent recession witnessed massive layoffs, especially from the white collar work force. Companies believe that keeping the production staff is more essential to remain competitive and thus, white collar workers have borne the brunt of the downsizing of employees. However, analysts believe that this move will prove detrimental in the long run because management will always need the services of these corporate thinkers for operational planning and analysis. Consultants may provide an alter...

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