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Compassionate Downsizing: Making the Business Case for Education and Training Services

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

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