Strategic Corporate Layoffs /

Firms in the S and P 500 often announce layoffs within days of one another, despite the fact that the average S and P 500 constituent announces layoffs once every 5 years. By contrast, similarsized privately-held firms do not behave in this way. This paper provides empirical evidence that such clust...

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Bibliographic Details
Main Author: Agarwal, Ruchir
Other Authors: Kolev, Julian
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:IMF Working Papers; Working Paper ; No. 2016/255
Online Access:Full text available on IMF