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Your recent article on corporate downsizing in the United St

The author seeks to contradict a recent newspaper article that - in her words -gave the impression that downsizing inflicted serious economic hardships on competent people. She cites a recent survey that claimed that a greater number of high paying jobs were created than the number of jobs lost to downsizing. She also mentions that the majority of those downsized found jobs and thus declared that the article was misleading. I find her criticism of the article unsupported by the survey cited.First, according to the author, the article is misleading because it says that those downsized had to face hardships before finding employment. Clearly, the article does not claim that people could not find new jobs, only that they had to struggle, often for several years before gaining employment. The survey cited by the author does not refute any of these claims made by the article. It may be true that a large number of new jobs are


Second, the author states that the survey demonstrates that two thirds of the jobs are in industries that pay above average wages. Once these two things are known, one can decide if the article is misleading or not. The author does not mention what percentage of the laid-off employees got these new jobs with above-average pay. The survey does not provide evidence to the contrary. She may be right in her claim that the economy has been absorbing those downsized into high paying jobs and that the newspaper article is misleading. Acquiring new skills is likely to take some time, besides money. As a matter of fact, one cannot rule out the possibility that those who had lost their jobs were only able to get the remaining one third of the jobs which did not come with high emoluments. Again, this information does not contradict the impression given by the article. First, how long did it take those downsized to find these new jobs ? There are reasons to believe that they did not get them quickly as the article said. Even a reasonable computer course would take atleast a year. However, one can only be convinced about this fact once numbers are available about the percentage of laid-off employees who got the jobs with above-average pay and also about the average number of years it took these employees to get these new jobs. It is possible for a company to downsize even though new jobs are being created in the same field , but if a number of companies are downsizing , it is probably because the markets are down and companies are over-staffed. If the pay is higher, these jobs probably require some special skills. The survey does not mention the areas in which the new jobs were created, but it is reasonable to expect that the new jobs would not be in the same areas in which downsizing is being witnessed.

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