Is There Life After Downsizing?
- Source:
- University of Melbourne
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Overview: Ultimately, the importance of downsizing from a social policy point of view depends upon its long-term impact on workers. Arguments holding that downsizing has a special extra impact net of preexisting labor market characteristics include several different possibilities. It could be that the process of being forced out of one's job is psychologically traumatic, impairing the self-confidence and determination in job searches of those who have been downsized out. This article examines these issues, by modeling the chances or re-employment among workers shed by downsizing firms compared to those departing from stable or growing firms.
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Format: PDF | Size: 42KB | Date: Dec 2001 | Pages: 9





