When having to leave is a 'Good Thing': a case for positive involuntary turnover
Date
2015
Authors
Manz, C.C.
Fugate, M.
Hom, P.W.
Millikin, J.P.
Editors
Advisors
Journal Title
Journal ISSN
Volume Title
Type:
Journal article
Citation
Organizational Dynamics, 2015; 44(1):57-64
Statement of Responsibility
Conference Name
Abstract
Persistent economic pressures in today’s business landscape require organizations to be constantly vigilant about managing costs. Reducing headcount is one common but often controversial form of cost cutting. Recently Hewlett-Packard announced that it would be cutting an additional 11,000— 16,000 jobs on top of an original plan to let as many as 34,000 workers go as part of a business restructuring and turnaround strategy. Chief Executive Officer (CEO) Meg Whitman said major shifts that are transforming how technology is paid for and consumed pose major challenges for HP, along with its competitors. To be successful in this new reality, she emphasized that HP needs to be lower-cost and more nimble. This is just one of a long list of examples of significant corporate workforce reductions in the face of mounting financial and competitive challenges faced by businesses across many industries.
School/Discipline
Dissertation Note
Provenance
Description
Link to a related website: https://repository.asu.edu/attachments/149307/content/Hom_2015.pdf, Open Access via Unpaywall
Access Status
Rights
Copyright 2015 Elsevier