Massive layoffs by major corporations, so-called downsizing, were commonplace during which decades?
A) 1960s and 1970s
B) 1970s and 1980s
C) 1980s and 1990s
D) 1990s and 2000s

Question

Quizplus · Accepted Answer

The 1980s and 1990s saw a significant increase in downsizing by major corporations, as they sought to cut costs and increase profits through the elimination of jobs. This period of time is often referred to as the "age of downsizing" and resulted in significant economic and social impacts.

Massive Layoffs by Major Corporations, So-Called Downsizing, Were Commonplace During