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Corporate restructuring, work intensification and perceptual politics: Exploring the ambiguity of managerial job insecurity

Author

Listed:
  • John Hassard

    (University of Manchester, UK)

  • Jonathan Morris

    (Cardiff University, UK)

Abstract

Whereas social theorists, qualitative investigators and survey-based analysts suggest advanced economies are increasingly characterized by managerial job insecurity, database and questionnaire researchers propose relatively stable tenure rates for managers. This article aims to make sense of this ambiguity. First, following interviews with managers in Japan, the UK and the USA, the authors offer support for the ‘global convergence’ thesis, through data reflecting greater job insecurity generated by comparable and recurrent corporate restructuring. Second, considering research suggesting relative stability in managerial tenure rates, the authors argue that their findings – signifying increased insecurity – can be explained in terms of the ‘perceptual politics’ of US-style shareholder capitalism impinging, hegemonically, upon occupational sensibilities. Third, in conclusion, they suggest that everyday managerial experience can be understood in light of corporations purposively instilling a perceptual ‘insecurity message’ in managers, essentially as part of a tangible control strategy directed at the inexorable ratcheting-up of management productivity demands globally.

Suggested Citation

  • John Hassard & Jonathan Morris, 2020. "Corporate restructuring, work intensification and perceptual politics: Exploring the ambiguity of managerial job insecurity," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 41(2), pages 323-350, May.
  • Handle: RePEc:sae:ecoind:v:41:y:2020:i:2:p:323-350
    DOI: 10.1177/0143831X17710733
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    References listed on IDEAS

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    1. Henry S. Farber, 2007. "Labor Market Adjustment to Globalization: Long-Term Employment in the United States and Japan," Working Papers 1040, Princeton University, Department of Economics, Industrial Relations Section..
    2. Henry S. Farber, 2007. "Labor Market Adjustment to Globalization: Long-Term Employment in the United States and Japan," Working Papers 1040, Princeton University, Department of Economics, Industrial Relations Section..
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    5. Jun Imai, 2011. "The Transformation of Japanese Employment Relations," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-29530-8, April.
    6. Junya Hamaaki & Masahiro Hori & Saeko Maeda & Keiko Murata, 2012. "Changes in the Japanese Employment System in the Two Lost Decades," ILR Review, Cornell University, ILR School, vol. 65(4), pages 810-846, October.
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    Cited by:

    1. Catherine Farrell & John Hassard & Jonathan Morris, 2026. "Organizational restructuring, precarious employment and work intensification: Women managers’ experience of work under neoliberalism," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 47(1), pages 119-149, February.
    2. Fu Yang & Xiaoyu Huang & Hong Deng & Jacqueline Coyle-Shapiro & Mengying Xie & Zihan Zhou, 2025. "Managers Behaving Unethically: Coping with the Ebb and Flow of Job Insecurity Through Abusive Supervision," Journal of Business Ethics, Springer, vol. 199(3), pages 549-563, July.

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