As American business struggles to cope with global competition, technological breakthroughs, and various forms of deregulation, the workplace is being thrown into turmoil. Against this backdrop, 1994 is also on pace to set a record for publicly announced downsizings, most of them justified under the banner of restructuring. This study is the first comprehensive look at this evolving picture.https://openscholarship.wustl.edu/mlw_papers/1164/thumbnail.jp