The Downsizing Dilemma

This chapter critiques the downsizing trend in the corporate world, drawing on a self-help book to showcase the negative ramifications of layoffs. It reveals how such strategies often fail to deliver the promised benefits, instead leading to increased employee turnover and a decline in morale. The discussion emphasizes the irrational nature of collective downsizing, particularly in the tech industry, and how it perpetuates a culture of disengagement and conformity.