Downsizing in America: reality, causes, and consequences
"Downsizing in America offers a range of compelling hypotheses to account for adoption of downsizing as an accepted business practice. In the short run, many companies experiencing difficulties due to decreased sales, cash flow problems, or declining securities prices reduced their workforces t...
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| Hauptverfasser: | , , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
New York
Russell Sage Foundation
2003
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis Klappentext |
| Zusammenfassung: | "Downsizing in America offers a range of compelling hypotheses to account for adoption of downsizing as an accepted business practice. In the short run, many companies experiencing difficulties due to decreased sales, cash flow problems, or declining securities prices reduced their workforces temporarily, expanding them again when business conditions improved. The most significant trigger leading to long-term downsizing was the rapid change in technology. Companies rid themselves of their least skilled workers and subsequently hired employees who were better prepared to work with new technology, which in some sectors reduced the size of firms at which production is most efficient." "Baumol, Blinder, and Wolff also reveal what they call the dirty little secret of downsizing: it is profitable in part because it holds down wages. Downsizing in America shows that reducing employee rolls increased profits, since downsizing firms spent less money on wages relative to output but it did not increase productivity. Nor did unions impede downsizing. The authors show that unionized industries were actually more likely to downsize in order to eliminate expensive union labor. In sum, downsizing transferred income from labor to capital - from workers to owners." "Downsizing in America combines an investigation of the underlying realities and causes of workforce reduction with an insightful analysis of the consequent shift in the balance of power between management and labor, to provide us with a deeper understanding of one of the major economic shifts of recent times - one with far-reaching implications for all American workers."--BOOK JACKET. |
| Beschreibung: | 321 Seiten Diagramme |
| ISBN: | 9780871541383 9780871540942 0871540940 |
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Datensatz im Suchindex
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|---|---|
| adam_text |
Contents
About the Authors
vii
Acknowledgments
ix
Chapter
What is Downsizing? An Overview
1
Chapter
Downsizing and the Press: Perception
and Reality
28
Chapter
Theoretical Underpinnings of
Downsizing
63
Chapter
Is American Business Really
Downsizing? The Facts
92
Chapter
Downsizing in U.S. Manufacturing:
An Empirical Analysis of Causes
131
Chapter
Upsizing in the Retail and Service
Industries: Causes and Correlates
181
Chapter
A Closer Look at U.S. Manufacturing:
The Consequences of Downsizing
194
Chapter
Downsizing and Increasing Turbulence
in the Labor Market
234
Chapter
What Have We Learned About
Downsizing? Conclusions
258
Appendix: Our Newspaper Search
Notes
268
290
References
303
Index
313
In the
U.S. companies announced major restructuring and
downsizing, but we do not know exactly what changes
in the United States and global economy triggered this
phenomenon. Little research has been done on the
underlying causes of downsizing. Did companies actu¬
ally reduce the size of their workforces, or did they sim¬
ply change the composition of their workforces by firing
some kinds of workers and hiring others? Downsizing in
Américo,
subject to date, confronts all these questions, exploring
three main issues: the extent to which firms actually
downsized, the factors that triggered changes in firm
size, and the consequences of downsizing.
The authors show that much of the conventional wis¬
dom regarding the spate of downsizing in the
and
that announced major layoffs subsequently increased
their workforce by more than
three years. The only arena in which downsizing pre¬
dominated appears to be the manufacturing sector
less than
Downsizing in America offers a range of compelling
hypotheses to account for adoption of downsizing as an
accepted business practice. In the short run, many com¬
panies experiencing difficulties due to decreased sales,
cash flow problems, or declining securities prices
reduced their workforces temporarily, expanding them
again when business conditions improved. The most sig¬
nificant trigger leading to long-term downsizing was
the rapid change in technology. Companies rid them¬
selves of their least skilled workers and subsequently
hired employees who were better prepared to work
with new technology, which in some sectors reduced the
size of firms at which production is most efficient.
Baumöl, Blinder,
the dirty little secret of downsizing: it is profitable in
part because it holds down wages. Downsizing in
America shows that reducing employee rolls increased
profits, since downsizing firms spent less money on
wages relative to output, but it did not increase pro¬
ductivity. Nor did unions impede downsizing. The
authors show that unionized industries were actually
more likely to downsize in order to eliminate expensive
union labor. In sum, downsizing transferred income
from labor to capital
Downsizing in
underlying realities and causes of workforce reduction
with an insightful analysis of the consequent shift in the
balance of power between management and labor, to
provide us with a deeper understanding of one of the
major economic shifts of recent times
reaching implications for all American workers. |
| any_adam_object | 1 |
| author | Baumol, William J. 1922-2017 Blinder, Alan S. 1945- Wolff, Edward N. |
| author_GND | (DE-588)119076209 (DE-588)108825639 |
| author_facet | Baumol, William J. 1922-2017 Blinder, Alan S. 1945- Wolff, Edward N. |
| author_role | aut aut aut |
| author_sort | Baumol, William J. 1922-2017 |
| author_variant | w j b wj wjb a s b as asb e n w en enw |
| building | Verbundindex |
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| callnumber-first | H - Social Science |
| callnumber-label | HD58 |
| callnumber-raw | HD58.85 |
| callnumber-search | HD58.85 |
| callnumber-sort | HD 258.85 |
| callnumber-subject | HD - Industries, Land Use, Labor |
| classification_rvk | QP 230 |
| classification_tum | RPL 642 SOZ 375 |
| ctrlnum | (OCoLC)50767988 (DE-599)BVBBV017355566 |
| dewey-full | 338.64 338.6/4 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 338 - Production |
| dewey-raw | 338.64 338.6/4 |
| dewey-search | 338.64 338.6/4 |
| dewey-sort | 3338.64 |
| dewey-tens | 330 - Economics |
| discipline | Raumplanung Soziologie Wirtschaftswissenschaften |
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| geographic | USA USA (DE-588)4078704-7 gnd |
| geographic_facet | USA |
| id | DE-604.BV017355566 |
| illustrated | Not Illustrated |
| indexdate | 2024-11-22T13:01:49Z |
| institution | BVB |
| isbn | 9780871541383 9780871540942 0871540940 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-010461170 |
| oclc_num | 50767988 |
| open_access_boolean | |
| owner | DE-739 DE-19 DE-BY-UBM DE-473 DE-BY-UBG DE-188 DE-91 DE-BY-TUM |
| owner_facet | DE-739 DE-19 DE-BY-UBM DE-473 DE-BY-UBG DE-188 DE-91 DE-BY-TUM |
| physical | 321 Seiten Diagramme |
| publishDate | 2003 |
| publishDateSearch | 2003 |
| publishDateSort | 2003 |
| publisher | Russell Sage Foundation |
| record_format | marc |
| spelling | Baumol, William J. 1922-2017 Verfasser (DE-588)119076209 aut Downsizing in America reality, causes, and consequences William J. Baumol, Alan S. Blinder and Edward N. Wolff New York Russell Sage Foundation 2003 321 Seiten Diagramme txt rdacontent n rdamedia nc rdacarrier "Downsizing in America offers a range of compelling hypotheses to account for adoption of downsizing as an accepted business practice. In the short run, many companies experiencing difficulties due to decreased sales, cash flow problems, or declining securities prices reduced their workforces temporarily, expanding them again when business conditions improved. The most significant trigger leading to long-term downsizing was the rapid change in technology. Companies rid themselves of their least skilled workers and subsequently hired employees who were better prepared to work with new technology, which in some sectors reduced the size of firms at which production is most efficient." "Baumol, Blinder, and Wolff also reveal what they call the dirty little secret of downsizing: it is profitable in part because it holds down wages. Downsizing in America shows that reducing employee rolls increased profits, since downsizing firms spent less money on wages relative to output but it did not increase productivity. Nor did unions impede downsizing. The authors show that unionized industries were actually more likely to downsize in order to eliminate expensive union labor. In sum, downsizing transferred income from labor to capital - from workers to owners." "Downsizing in America combines an investigation of the underlying realities and causes of workforce reduction with an insightful analysis of the consequent shift in the balance of power between management and labor, to provide us with a deeper understanding of one of the major economic shifts of recent times - one with far-reaching implications for all American workers."--BOOK JACKET. Arbeidsverhoudingen gtt Changement organisationnel - États-Unis Entreprises - Dimension - États-Unis Industrie gtt Ontslag gtt Personnel - Réduction - États-Unis Reorganisatie gtt Industrie Downsizing of organizations United States Industries Size United States Organizational change United States Beschäftigungswirkung (DE-588)4126724-2 gnd rswk-swf Unternehmensgröße (DE-588)4117296-6 gnd rswk-swf Beschäftigungsentwicklung (DE-588)4135129-0 gnd rswk-swf Reduktion (DE-588)4177306-8 gnd rswk-swf Restrukturierung (DE-588)4335640-0 gnd rswk-swf Unternehmen (DE-588)4061963-1 gnd rswk-swf Strukturwandel (DE-588)4058136-6 gnd rswk-swf Downsizing (DE-588)4532166-8 gnd rswk-swf USA USA (DE-588)4078704-7 gnd rswk-swf USA (DE-588)4078704-7 g Unternehmensgröße (DE-588)4117296-6 s Reduktion (DE-588)4177306-8 s DE-604 Downsizing (DE-588)4532166-8 s Unternehmen (DE-588)4061963-1 s Restrukturierung (DE-588)4335640-0 s Beschäftigungswirkung (DE-588)4126724-2 s DE-188 Strukturwandel (DE-588)4058136-6 s Beschäftigungsentwicklung (DE-588)4135129-0 s Blinder, Alan S. 1945- Verfasser (DE-588)108825639 aut Wolff, Edward N. Verfasser aut Erscheint auch als Online-Ausgabe 978-1-610-44031-8 Digitalisierung UB Passau application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010461170&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis Digitalisierung UB Passau application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010461170&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA Klappentext |
| spellingShingle | Baumol, William J. 1922-2017 Blinder, Alan S. 1945- Wolff, Edward N. Downsizing in America reality, causes, and consequences Arbeidsverhoudingen gtt Changement organisationnel - États-Unis Entreprises - Dimension - États-Unis Industrie gtt Ontslag gtt Personnel - Réduction - États-Unis Reorganisatie gtt Industrie Downsizing of organizations United States Industries Size United States Organizational change United States Beschäftigungswirkung (DE-588)4126724-2 gnd Unternehmensgröße (DE-588)4117296-6 gnd Beschäftigungsentwicklung (DE-588)4135129-0 gnd Reduktion (DE-588)4177306-8 gnd Restrukturierung (DE-588)4335640-0 gnd Unternehmen (DE-588)4061963-1 gnd Strukturwandel (DE-588)4058136-6 gnd Downsizing (DE-588)4532166-8 gnd |
| subject_GND | (DE-588)4126724-2 (DE-588)4117296-6 (DE-588)4135129-0 (DE-588)4177306-8 (DE-588)4335640-0 (DE-588)4061963-1 (DE-588)4058136-6 (DE-588)4532166-8 (DE-588)4078704-7 |
| title | Downsizing in America reality, causes, and consequences |
| title_auth | Downsizing in America reality, causes, and consequences |
| title_exact_search | Downsizing in America reality, causes, and consequences |
| title_full | Downsizing in America reality, causes, and consequences William J. Baumol, Alan S. Blinder and Edward N. Wolff |
| title_fullStr | Downsizing in America reality, causes, and consequences William J. Baumol, Alan S. Blinder and Edward N. Wolff |
| title_full_unstemmed | Downsizing in America reality, causes, and consequences William J. Baumol, Alan S. Blinder and Edward N. Wolff |
| title_short | Downsizing in America |
| title_sort | downsizing in america reality causes and consequences |
| title_sub | reality, causes, and consequences |
| topic | Arbeidsverhoudingen gtt Changement organisationnel - États-Unis Entreprises - Dimension - États-Unis Industrie gtt Ontslag gtt Personnel - Réduction - États-Unis Reorganisatie gtt Industrie Downsizing of organizations United States Industries Size United States Organizational change United States Beschäftigungswirkung (DE-588)4126724-2 gnd Unternehmensgröße (DE-588)4117296-6 gnd Beschäftigungsentwicklung (DE-588)4135129-0 gnd Reduktion (DE-588)4177306-8 gnd Restrukturierung (DE-588)4335640-0 gnd Unternehmen (DE-588)4061963-1 gnd Strukturwandel (DE-588)4058136-6 gnd Downsizing (DE-588)4532166-8 gnd |
| topic_facet | Arbeidsverhoudingen Changement organisationnel - États-Unis Entreprises - Dimension - États-Unis Industrie Ontslag Personnel - Réduction - États-Unis Reorganisatie Downsizing of organizations United States Industries Size United States Organizational change United States Beschäftigungswirkung Unternehmensgröße Beschäftigungsentwicklung Reduktion Restrukturierung Unternehmen Strukturwandel Downsizing USA |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010461170&sequence=000003&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=010461170&sequence=000004&line_number=0002&func_code=DB_RECORDS&service_type=MEDIA |
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