Use Downsizing as a Last Resort: Some Alternatives
- Rely on attrition to right size.
- Use redeployment and make layoffs a last resort. Hewlett Packard used this strategy extensively throughout the 1980s as it faced intensified competition. Employees were given three months to find a job in HP and were helped to do so. If they could not find an equivalent level job, they were offered a lower level job. If they preferred
Author: Michael Beer | Source: Uncompromising Leadership in Tough Times | Original Publication: HBS Working Knowledge | Subjects: Human Resources, Management