Tag Archives: restructuring

Downsizing (a haiku)

Pink slips and furloughs.
Cost cutting through attrition.
Solvency? Doubtful.*

* According to the Wharton School of Business:
“Research has shown that if a company announces a downsizing without a broader reference to a strategic plan, its stock price will, on average, drop 5% to 6% over the next several days, according to [Michael Useem, a management professor at [...]