Short-term pain for long-term gain? A longitudinal meta-analysis of downsizing-financial performance relationships
IntroductionDownsizing, and the mass layoff upheavals that ensue, has been euphemistically referred to as a short-term pain, long-term gain strategy.But is that so? Do its financial outcomes over time justify the short-run harm? And, to what extent has its adoption been driven by economic or social invertatop squeeze bottle rationales over time?Met