In addition, according to the President's fiscal 1999 budget proposal the federal civilian workforce will be downsized by 331,000 position from 1993 to 1999. Geoffee, Rob, and Fareth Jones. The Character of a Corporation . Harper Collins Publishers Inc., 1998. The book deals with transforming one's corporate culture.
Culture is central to competitive success.
A company must shape the values, beliefs, and mental models that form the foundation of long term success. Shaping the new culture may involve laying personnel of who fail to transform to the new corporate culture. Handy Guide to What's Coming in Our Careers. This article describes that downsizing is happening today because careers are changing. But, today most companies will reduce its workforce to a core of key players, who will have the critical knowledge of the company and will remain for a long period of time.