Above all, if you do choose to restructure, do itresponsibly, and use it as an opportunity to focusever more sharply on those areas of the businesswhere your firm enjoys its greatest competitivestrengths. By restructuring responsibly through theuse of effective downsizing strategies, your orga-nization will be better able to achieve the 3C’s oforganizational success: Care of customers, Con-stant innovation, and Committed people.58Endnotes1Brett, J. M., & Stroh, L. K. 1997. Jumping ship: Who benefitsfrom an external labor market career strategy?Journal of Ap-plied Psychology, 82(3): 331–341.2Shadowofrecession.9February2002..cbsmarketwatch.com.3Planned job cuts continue fall. 3 April 2002..cbsmarketwatch.com.4Morris, B. White-collar blues.Fortune. 23 July 2001, 98–110.5Dawkins, P., & Littler, C. R. (Eds.). July 2001.Downsizing: Is itworking for Australia?.6See, for example, Blau, F. D., & Ferber, M. A. 1987.Theeconomics of women, men, and work. Englewood Cliffs, NJ:Prentice-Hall; Schneer, J. A., & Reitman, F. 1997. The interruptedmanagerial career path: A longitudinal study of MBAs.Journalof Vocational Behavior, 51(3): 411–434; and Schneer, J. A., &Reitman, F. 1995. The impact of gender as managerial careersunfold.Journal of Vocational Behavior, 47(3): 290–315.7Cascio, W. F., & Young, C. E. 2001. Financial consequencesof employment-change decisions in major U.S. corporations:1982–2000. In K. P. De Meuse & M. L. Marks (Eds.).Resizing theorganization. In press, San Francisco: Jossey-Bass. See alsoCascio, W. F., Young, C. E., & Morris, J. R. 1997. Financial con-sequences of employment-change decisions in major U.S. cor-porations.Academy of Management Journal, 40(5): 1175–1189;and Morris, J. R., Cascio, W. F., & Young, C. E. 1999. Haveemployment downsizings been successful?Organizational Dy-namics, 27(3): 78–87.8Cascio, et al., op. cit.9Bruner, J., quoted in Lavelle, L. Swing that ax with care.Business Week, 11 February 2002, 78.10Cascio, W. F., 1993. Downsizing: What do we know? What95–104. See also Cascio, W. F. Strategies for responsible restruc-turing. Keynote address presented at the National ManpowerSummit, Singapore, 18 October 2001.11Morris, op. cit.12Ansberry, C. Private resources: By resisting layoffs, smallmanufacturers help protect economy.Wall Street Journal, 6 July2001, A1, A2.13American Management Association. 2000.2000 AmericanManagement Association survey: Staffing and structure. NewYork: Author.14Eig, J. Shrinking week: Do part-time workers hold the key towhen the recession breaks?Wall Street Journal, 3 January 2002,A1, A2.15Uchitelle, L. Pink slip? Now, it’s all in a day’s work.NewYork Times, 5 August 2001..16Ibid.17Hitachi decides another 4,000 workers in Japan must go.South China Morning Post, 31 January 2002, 1; Kunii, I. Under theknife.BusinessWeek, 10 September 2001, 62; and Larimer, T.