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Aug. 17, 2002
Use Planning to Terminate Downsizing Troubles
Employment Column - By Daniel Weisberg and Mark A. Romeo - The bubble-burst in the technology market and the resultant downturn in the capital markets have taken their toll on businesses of all kinds. After that, it was only a matter of time before work force reductions had to be implemented as companies aligned themselves with reduced or stagnant revenue. Coming to power during the 1990s, many firm managers lack experience in downsizing, yet are pressured to quickly cut costs.
By Daniel Weisberg and Mark A. Romeo
The bubble-burst in the technology market and the resultant downturn in the capital markets have taken their toll on businesses of all kinds....
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