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Phases of Cost Cutting: Downsizing is Dead; Long Live the Downsizing Phenomenon

Author

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  • Franco GANDOLFI

    (Regent University, Virginia Beach, USA)

  • Franco GANDOLFI

Abstract

This downsizing research article presents a phase typology of job cutting which includes three distinct phases and three levels of argument. Conceptually, the paper draws heavily upon the seminal work of Littler and Gandolfi (2008) seeking to expand and update their 2008 Academy of Management (AOM) Conference paper. The paper culminates with a contemporary discussion of current downsizing practices showcasing that the strategy of downsizing has remained a popular restructuring method on a global scale.

Suggested Citation

  • Franco GANDOLFI & Franco GANDOLFI, 2009. "Phases of Cost Cutting: Downsizing is Dead; Long Live the Downsizing Phenomenon," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(5), pages 864-876, December.
    • Handle: RePEc:rom:rmcimn:v:10:y:2009:i:5:p:864-876
    as

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    References listed on IDEAS

    as
    1. Orlando, John, 1999. "The Fourth Wave: The Ethics of Corporate Downsizing," Business Ethics Quarterly, Cambridge University Press, vol. 9(2), pages 295-314, April.
    2. Shimon Dolan & Adnane Belout & David B. Balkin, 2000. "Downsizing without downgrading: learning how firms manage their survivors," International Journal of Manpower, Emerald Group Publishing Limited, vol. 21(1), pages 34-47, February.
    3. Art Budros, 1999. "A Conceptual Framework for Analyzing Why Organizations Downsize," Organization Science, INFORMS, vol. 10(1), pages 69-82, February.
    4. Gandolfi, Franco, 2007. "How do large Australian and Swiss banks implement downsizing?," Journal of Management & Organization, Cambridge University Press, vol. 13(2), pages 145-159, June.
    5. Clint Chadwick & Larry W. Hunter & Stephen L. Walston, 2004. "Effects of downsizing practices on the performance of hospitals," Strategic Management Journal, Wiley Blackwell, vol. 25(5), pages 405-427, May.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    downsizing; cost cutting; phase; strategy.;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity
    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis

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