Downsizing: When and How?

Business circumstances change, the economic climate changes and there’s a need to manage resources. If there’s a need to downsize, what might be the right way to prune the organization so that it doesn’t die from the cuts? In this edition of Resource Centre, Dr Peter Tingling, Associate Prof, Beedie School of Business and CEO of Octothorpe Software Corporation talks about when downsizing a company is necessary, and how it should be done.