Accession Number : ADA323197
Title : Defense Restructuring Costs: Information Pertaining to Five Business Combinations.
Corporate Author : GENERAL ACCOUNTING OFFICE WASHINGTON DC NATIONAL SECURITY AND INTERNATIONAL A FFAIRS DIV
PDF Url : ADA323197
Report Date : APR 1997
Pagination or Media Count : 32
Abstract : Section 8115 of the Fiscal Year 1997 Department of Defense (DOD) Appropriations Act requires us to examine restructuring costs of defense contractors involved in business combinations since 1993. In response, this report provides information on restructuring costs, including specific costs associated with workforce reductions and the services provided to workers affected by business combinations. It also identifies other funds used to help laid-off workers find new employment and describes why the effectiveness of restructuring costs used to assist laid-off workers in gaining new employment cannot be determined. In addition, the report discusses the extent of savings achieved from the business combinations relative to restructuring costs paid by DOD.
Descriptors : *COST ANALYSIS, *CORPORATE DOWNSIZING, DEPARTMENT OF DEFENSE, COST EFFECTIVENESS, HUMAN RESOURCES, EMPLOYMENT, ECONOMIC IMPACT, CONTRACTORS, RELOCATION, CIVILIAN PERSONNEL, DEFENSE INDUSTRY, PERSONNEL RETENTION, SAVINGS, UNEMPLOYMENT, MILITARY DOWNSIZING.
Subject Categories : Economics and Cost Analysis
Personnel Management and Labor Relations
Distribution Statement : APPROVED FOR PUBLIC RELEASE