Faculty Advisor

Miller, Fabienne

Abstract

This project aims to evaluate the effects of layoffs and alternatives to layoffs. Working from literature survey and interviews, we described the effects of layoffs and the alternatives, their uses in industry, and their impact on firms. We assessed: 1) if alternatives were used more frequently than layoffs, 2) how effective layoffs and alternatives were at cost cutting and other areas, 3) if company culture played any role in what methods are used. The results provided some information on what cost-cutting methods could be used.

Publisher

Worcester Polytechnic Institute

Date Accepted

March 2010

Project Type

Interactive Qualifying Project

Accessibility

Unrestricted

Advisor Department

Business

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