"When the winds of change blow, some people build walls and others build windmills" Ancient Chinese proverb Introduction You cannot open a paper or visit an online Website these days without seeing notice after notice of corporate layoffs. Downsizing, which constitutes the planned elimination of positions or jobs, has had and will continue to have profound effects on organizations, managers at all levels, employees, labor markets, customers, and shareholders. These are just the direct effects. They do not include the effects on families and communities. Unfortunately, when an organ...

• Word Count: 3413
• Approx Pages: 14