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Journal Articles Harvard business review Year : 2010

One More Look at Layoffs During the Great Recession

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Abstract

For a decade we tracked who was likely to be fired in Europe during an economic downturn. Surprisingly, it was not generally the least productive managers. Over 40% of European managers said they would layoff an older manager even if that manager was a high performer. Twenty eight percent said they would fire younger workers even if they were cheaper or better performers than others. Less than a third of the Europeans surveyed since 1999 said they would fire the employee we called the "weak link," the older, expensive, average performer.
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Dates and versions

hal-00528401 , version 1 (21-10-2010)

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  • HAL Id : hal-00528401 , version 1

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Michael Segalla. One More Look at Layoffs During the Great Recession. Harvard business review, 2010, 88 (1), pp.22-23. ⟨hal-00528401⟩

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