Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 26 September 1997
Length: 28 pages
Data source: Field research
Abstract
A professional turnaround manager attempts to implement a massive global downsizing program at the world's largest producer of consumer tissue products. The plan involves laying off almost one-third of the company's 34,000 hourly and salaried employees and dramatically changing the company's business focus through massive asset sales - all in less than a year.
Location:
Industry:
Size:
USD4.7 billion revenues, 31,000 employees
Other setting(s):
1994
About
Abstract
A professional turnaround manager attempts to implement a massive global downsizing program at the world's largest producer of consumer tissue products. The plan involves laying off almost one-third of the company's 34,000 hourly and salaried employees and dramatically changing the company's business focus through massive asset sales - all in less than a year.
Settings
Location:
Industry:
Size:
USD4.7 billion revenues, 31,000 employees
Other setting(s):
1994