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Downsizing is one of the most frequently used business strategies for reducing costs, returning firms to profit or for restructuring businesses following takeovers, mergers and acquisitions. Downsizing measures are also set to become much more prevalent in the public sector as governments seek to restrict levels of public spending. This book is one of the first to provide a thorough study of downsizing from a global perspective. It examines the phenomenon in its entirety, exploring how it is initiated and what the process of downsizing looks like. It also looks at the effects of downsizing at a number of different levels, from the individual (e.g., motivational effects, effects on health and stress levels) to the organizational (e.g., financial outcomes, reputational and productivity outcomes). Written by an international team of experts, the book provides a comprehensive overview of downsizing that examines both the strategic and human implications of this process.
Cary L. Cooper is the 50th Anniversary Professor of Organizational Psychology and Health at the Alliance Manchester Business School, University of Manchester. He is a founding President of the British Academy of Management, Immediate Past President of the Chartered Institute of Personnel and Development (CIPD), former President of RELATE and President of the Institute of Welfare. He was the Founding Editor of the Journal of Organizational Behavior, former Editor of the scholarly journal Stress and Health and is the Editor-in-Chief of the Wiley-Blackwell Encyclopaedia of Management, now in its’ 3rd Edition. He has been an advisor to the World Health Organisation, ILO, and EU in the field of occupational health and wellbeing, was Chair of the Global Agenda Council on Chronic Disease of the World Economic Forum (2009-2010) (then served for 5 years on the Global Agenda Council for mental health of the WEF) and was Chair of the Academy of Social Sciences 2009-2015. He was Chair of the Sunningdale Institute in the Cabinet Office and National School of Government 2005-2010. Professor Cooper is currently the Chair of the National Forum for Health & Wellbeing at Work (comprised of 40 global companies eg BP, Microsoft, NHS Executive, UK government (wellbeing lead) , Rolls Royce, John Lewis Partnership, etc.). Professor Cooper is the author/editor of over 250 books in the field of occupational health psychology, workplace wellbeing, women at work, and occupational stress. He was awarded the CBE by the Queen for his contributions to occupational health; and in 2014 he was awarded a Knighthood for his contribution to the social sciences.
Alankrita Pandey is a Ph.D. candidate in the Department of Management at the University of Texas at Arlington College of Business.
James Campbell Quick is John and Judy Goolsby Distinguished Professor and founding Director of Goolsby Leadership Academy at the University of Texas at Arlington. Professor Quick has over 100 publications in 10 languages and is a fellow of the Society for Industrial and Organizational Psychology (SIOP), the American Psychological Association (APA), the American Psychological Society, and the American Institute of Stress (AIS).
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