MIT Sloan Management Review

In this downturn, some companies are trying cost-cutting measures such as reducing workweeks, offering or requiring unpaid time off, or cutting executive compensation.

While layoffs make headlines, some companies are finding creative ways to respond to the recession.

Are performance reviews passé? At the very least, they are a hot discussion topic  --  judging from reactions to the lead story in this week's edition of Business Insight, which we at SMR produce in collaboration with The Wall Street Journal.Â