Published by:
Harvard Business Publishing
Length: 4 pages
Share a link:
https://casecent.re/p/47487
Write a review
|
No reviews for this item
This product has not been used yet
Abstract
Many U.S. corporations are shedding operations that are doing poorly, are superfluous because of mergers, or are obsolete because of a strategy of streamlining and returning to the "core" business. Often the human element is forgotten. The plight of white- and blue-collar employees who have lost jobs because of a management decision is not considered a top priority. When the Stroh Brewery closed a 70-year-old facility in Detroit after acquiring Schlitz and its five modern plants, 1,159 jobs were eliminated. The company set up an elaborate job-search and placement apparatus to help ease the trauma for employees who would be turned out.
About
Abstract
Many U.S. corporations are shedding operations that are doing poorly, are superfluous because of mergers, or are obsolete because of a strategy of streamlining and returning to the "core" business. Often the human element is forgotten. The plight of white- and blue-collar employees who have lost jobs because of a management decision is not considered a top priority. When the Stroh Brewery closed a 70-year-old facility in Detroit after acquiring Schlitz and its five modern plants, 1,159 jobs were eliminated. The company set up an elaborate job-search and placement apparatus to help ease the trauma for employees who would be turned out.