Leap Before You Layoff:: Look For Creative Alternatives

Georg von Krogh and Marla Kameny

European Management Journal, 2002, vol. 20, issue 6, 664-670

Abstract: Layoffs may be a firm's way of optimally responding to demand shifts, to changes in its industry position, or to unwelcome financial stress. But, within the current economic environment, and along with individuals' changing attitudes, the notion of layoffs has taken on a new dimension, which deserves renewed attention and perspective. With knowledge now being considered a firm's source of competitive advantage, organizations need to look within themselves to see if both they and their employees, the holders of such knowledge, are in a position to embrace a new dynamic of layoff alternatives.

Keywords: Layoffs; Layoff; Alternatives; Knowledge; Employer; -; Employee; Relationships (search for similar items in EconPapers)
Date: 2002
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