downsize Archives » Larry Putterman

10 Lessons Learned from Downsizing a Business

by Larry Putterman | Business, Family Business, Leadership, Management, Organizations

For more than 25 years, the family business I was tasked to downsize had made it a policy to never layoff anyone. However, there finally came the day when it was necessary to break the policy. The business was being hammered by imports from China and the only way the...