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When responsible downsizing strategy meets employee-oriented leadership: Implications for downsizing performance
Published online by Cambridge University Press: 21 May 2014
Abstract
This study examines whether a responsible downsizing strategy and employee-oriented leadership are complementary in strengthening firm performance after downsizing. This study investigated 154 firms that have used an organizational downsizing strategy with surveys and follow-up focus groups. Results of both the empirical evidence and qualitative data demonstrates that for firms adopting an employee-oriented leadership style, the level of responsible downsizing strategy is high and firm performance is significantly increased. Specifically, the results of the focus groups indicate that a responsible downsizing strategy deepens the loyalty and faith of employees to their employer. These theoretical and practical implications are also discussed.
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- Research Article
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- Copyright © Cambridge University Press and Australian and New Zealand Academy of Management 2013
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