| Strange days indeed: understanding the productivity paradox when firms close (2006) | |||||||||||||
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| Both the public and private sectors have since the 1980s relentlessly cut the size of their workforces. Often this downsizing manifested as the closure of a whole or part of an organisation. Some studies which have analysed the closure process have reported remarkable, counterintuitive improvements in labour productivity during the period between the closure announcement and the final working day. Drawing on a Swedish case study, and on an exploratory basis, this paper proposes a Dynamic State Model of Closedowns to generate a fuller understanding of this phenomenon. | |||||||||||||
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