< Back to previous page

Publication

Downsizing and firm performance: evidence from German firm data

Journal Contribution - Journal Article

This paper uses a unique dataset to study the short term effects of downsizing on operational and financial performance of large German firms. In general, productivity and profitability after downsizing are – at the best – comparable to their pre-downsizing levels. During the downsizing event, the performance even drops. Moreover we make a distinction between firms downsizing because of a business downturn and firms downsizing to increase efficiency. Especially downsizing for the latter firms appears to be unsuccessful.
Journal: Industrial and Corporate Change
ISSN: 0960-6491
Issue: 6
Volume: 24
Pages: 1443 - 1472
Publication year:2015
BOF-keylabel:yes
IOF-keylabel:yes
BOF-publication weight:1
CSS-citation score:1
Authors:International
Authors from:Higher Education
Accessibility:Open