CHAMPAIGN, Ill. — When companies restructure, even managers who escape layoffs can wind up on shakier ground, a new study by a University of Illinois labor expert found.
Corporate streamlining shifts the balance of workplace power toward firms, which use the added muscle to impose company-friendly wage and employment standards, said John Dencker, a professor of labor and employment relations.
"For the majority of managers, their careers and compensation become a lot more risky," he said. "They just don't have the guarantees they had in the past."