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Management article
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Reference no. F0204B
Published by: Harvard Business Publishing
Published in: "Harvard Business Review - Forethought", 2002

Abstract

Conventional wisdom says that layoffs are a necessary evil during economic downturns, but new research shows that shareholders tend to punish companies that invoke layoffs solely to cut costs.

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Abstract

Conventional wisdom says that layoffs are a necessary evil during economic downturns, but new research shows that shareholders tend to punish companies that invoke layoffs solely to cut costs.

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