How Much Is That In Dollars?: Costly International Downsizing
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Keywords
international management, human resources, downsizing, severance costs, student exercise
Abstract
Economic downturns can lead companies doing business internationally to cut costs by reducing staff and/or closing subsidiaries. Efficiency in downsizing can put people and capital to their most effective use. This exercise educates students about country differences in labor termination practices, costs, legal requirements for downsizing, and other issues.
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