This briefing note attempts to redress this balance. It offers companies ways to understand how restructuring and downsizing affects the wider community and local economy; how and who to engage with; and gives examples of where other companies, in similar circumstances, have left a positive legacy within the community. Key considerations are set out at the end of the briefing in checklist form.
Responsibility in a recession: Checklist for responsible downsizing and site legacy
The key lessons of responsible downsizing are often cited as transparency and advance planning, but there is little information availablefor companies that takes the range of impacts into account.