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Averting closure and redundancy

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Abstract

In the eight years 1977–84 there were 3.5 million ‘confirmed’ redundancies in Great Britain. In 1985 the number is about 200 000.1

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Notes

  1. MSC, Closure at Linwood: A Follow-up Survey of Redundant Workers (1984), p. 1.

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  2. R. Pauley, ‘Warning over loss of capital equipment’, Financial Times, 2 August 1985.

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  3. R.B. McKersie and W. Singenburger, Job Losses in Major Industries: Manpower Strategy Responses (OECD, 1983), pp. 82–3.

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  4. J. Lloyd, ‘A new pattern which should not come unstitched’, Financial Times, 7 August 1985.

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  5. T. Rainer, ‘Plant closure’, in Handbook of German Business Management (1987).

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  6. J. Crisp, ‘Hewlett-Packard cuts pay by 5%’, Financial Times, 13 September 1985.

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  7. Earnings per share (Eps) always moves the same way up or down as return on equity capital, but not necessarily as return on total capital including loans; see E. Whiting, A Guide to Business Performance Measurements (Macmillan, 1986), pp. 247–9.

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© 1987 Edwin Whiting

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Whiting, E. (1987). Averting closure and redundancy. In: A Guide to Unemployment Reduction Measures. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-08621-4_22

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