An Update On Downsizing...

Job-cutters turn into job-creators

The bad news for U.S. workers, at least on the surface, is that the huge wave of corporate restructuring and downsizing that first roiled labor markets in the 1980s still shows no sign of losing steam this year. The good news: It is being accompanied by a rising tide of job creation--not only in the overall economy but also among many of the same companies that have been eliminating positions.

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