July 12, 2019
In the bygone era, prior to the late 1980s, life in corporate America was good. It was comfortable. Predictable. Secure. All you had to do was go to college (or not), get a job, work your way up, and then, 40 years later, retire with a full pension. By 1988, “downsizing” had come into favor as a quick way to boost both shareholder value and earnings per share. In 1993, IBM, which h...