International company restructuring and the effects on high-skilled employees in lead companies
International company restructuring involving knowledge intensive jobs causes increasing concern about the effect on the globalization of high-skilled employees. Drawing on case studies in four Danish-based companies, this article argues that high-skilled employees in lead companies are rarely insulated from international restructuring processes. However, effects on wage and working conditions vary dependent on the motivation for restructuring, and as companies learn to take advantage of pools of skilled employees abroad. Continued international restructuring appear to challenge the insulation of high-skilled workers over time. Further, the article shows that knowledge intensive companies increasingly apply relational global value chain governance with multidirectional consequences for wage and working conditions among the high-skilled employees.
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