Compassionate Downsizing: Making the Business Case for Education and Training Services
- Authors:
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Publication Date:
November 2003
Between January 2001 and August 2003, corporate America announced approximately 4.3 million job cuts. This report analyzes the results of a survey of senior human resources executives regarding recent layoffs and the offering of education and training benefits to downsized employees.
Topics Covered:
- When the Economy Slumps, Downsizing is Up
- How Many Positions is Too Many to Eliminate?
- Downsizing May Actually Increase Costs?
- Helping the Displaced: Traditional Outplacement Versus Transition Benefits
- Types of Assistance Offered
- Managing Education and Training Benefits
- Why Educate and Train Transition Workers?
- Transition Benefits Equals Win-Win Situation
Full Report Also Includes:
- Key Findings
- Case Studies of Exelon Corporation, J.P. Morgan Chase & Co., and Kellogg Company
- Federal and State Funding to Support Transition Benefits
- Profile of Survey Respondents
- More Than 25 Tables and Charts