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Employment Downsizing and its Alternatives

SHRM Foundation s Effective Practice Guidelines SeriesStrategieS for Long-term SucceSS Employment Downsizing and its AlternativesSponsored byright managementWayne F. CascioStrategieS For Long-term SuCCeSS Employment Downsizing and its AlternativesSHRM FounDAtion S EFFE ctivE PRActicE GuiDElinES SERiESSponsored by Right ManagementThis publication is designed to provide accurate and authoritative information regarding the subject matter covered. Neither the publisher nor the author is engaged in rendering legal or other professional service. If legal advice or other expert assistance is required, the services of a competent, licensed professional should be sought. Any federal and state laws discussed in this book are subject to frequent revision and interpretation by amendments or judicial revisions that may significantly affect employer or employee rights and obligations. Readers are encouraged to seek legal counsel regarding specific policies and practices in their book is published by the SHRM Foundation, an affiliate of the Society for Human Resource Management (SHRM ).

The most successful organizations, however, use downsizing more strategically as part of an overall workforce strategy. Layoffs become just one tool in …

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