Barbara Ehrenreich - Then, in the 1980's, came the paroxysm of downsizing, and...

Then, in the 1980's, came the paroxysm of downsizing, and the very nature of the corporation was thrown into doubt. In what began almost as a fad and quickly matured into an unshakable habit, companies were 'restructuring,' 'reengineering,' and generally cutting as many jobs as possible, white collar as well as blue... The captured the new corporate order succintly in 1987, reporting that it 'eschews loyalty to workers, products, corporate structures, businesses, factories, communities, even the nation. All such allegiances are viewed as expendable under the new rules. With survival at stake, only market leadership, strong profits and a high stock price can be allowed to matter'.

Barbara Ehrenreich

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Barbara Ehrenreich Quotes

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Then, in the 1980's, came the paroxysm of downsizing, and the very nature of the corporation was thrown into doubt. In what began almost as a fad and quickly matured into an unshakable habit, companies were 'restructuring,' 'reengineering,' and generally cutting as many jobs as possible, white collar as well as blue... The captured the new corporate order succintly in 1987, reporting that it 'eschews loyalty to workers, products, corporate structures, businesses, factories, communities, even the nation. All such allegiances are viewed as expendable under the new rules. With survival at stake, only market leadership, strong profits and a high stock price can be allowed to matter'. Barbara Ehrenreich

They Said So®

Keywords

1980' paroxysm downsizing nature corporation thrown doubt began fad quickly matured unshakable habit companies 'restructuring ' 'reengineering generally cutting jobs white collar blue captured corporate order succintly reporting 'eschews loyalty workers products structures businesses factories communities nation allegiances viewed expendable rules survival stake market leadership strong profits high stock price allowed matter'

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