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Layoffs and Their Consequences
Vintage
April 2007
On Sale: April 10, 2007
304 pages ISBN: 1400034337 EAN: 9781400034338 Paperback
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Non-Fiction
Layoffs have become a fact of life in today’s economy;
initiated in the mid 1970s, they are now widely expected,
and even accepted. It doesn’t have to be that way. In The Disposable American, award-winning reporter Louis
Uchitelle offers an eye-opening account of layoffs in
America–how they started, their questionable necessity, and
their devastating psychological impact on individuals at
all income levels. Through portraits of both executives and
workers at companies such as Stanley Works, United
Airlines, and Citigroup, Uchitelle shows how layoffs are in
fact counterproductive, rarely promoting efficiency or
profitability in the long term. Recognizing that a global
competitive economy makes tightening necessary, Uchitelle
offers specific recommendations for government policies
that would encourage companies to avoid layoffs and help
create jobs, benefiting workers, corporations, and the
nation as a whole.
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