Ocupation: American Political figure
Life: b. August 26, 1941
Birthday: August 26
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 New York Times captured the new corporate order succinctly in 1987, reporting that... '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'.
topic: Strong, Jobs, New York, Stock Price, Downsizing, Expendables, Restructuring