Sentences with phrase «downsizing of the labor force»

Not exact matches

Since 1999, however, it has been destroying itself by downsizing its labor force and distributing its profits to shareholders,» said William Lazonick, a professor of economics and director of the Center for Industrial Competitiveness at the University of Massachusetts - Lowell.

Tammy Shoup of Breakthrough Resume Writing Service further explains, «Unfortunately, it has become common practice for companies to cut costs by downsizing their labor force leaving job seekers who are shocked and unprepared for their future.