Serving the American Public: Best Practices in Downsizing.
Abstract
When the history of the United States during the final 20 years of the 20th century is reviewed, one issue that will be seen as defining the American workforce for the period is downsizing and the loss of the perceived "social contract" of lifelong employment in the public and private sectors with a single employer. According to a March 1996 series of articles in the New York Times, "The Downsizing of America," more than 43 million jobs have been lost in the United States since 1979, affecting nearly one-third of all households. Whether it is called downsizing, rightsizing, delayering, reduction in force, redundancy elimination, or any of a host of other terms, the expectation of lifelong employment with one employer has now become the exception rather than the rule.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1997
- Accession Number
- ADA332526