www.HiringSmart.ca: Downsizing Not Effective, Survey Says

Downsizing Not Effective, Survey Says
http://news.smh.com.au/breaking-news-business/downsizing-not-effective-survey-shows-20090309-8sil.html?sssdmh=dm16.365064

Downsizing by employers is leading to a dive in staff morale and is failing to increase productivity, a survey has found.

A survey of 6,300 employees and managers who have experienced downsizing in their workplace found 40 per cent of staff became less motivated afterwards, while productivity improved in just 21 per cent of cases.

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