Downsizing

ddWhat Is Downsizing?

Answer

Downsizing refers to reducing of the number of employees on the operating payroll or a cutback in a company's operations and usually implies a reduction in its employee headcount as well. It results from many factors which are increased global competition, new technologies, and weaker labour unions.

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Ask.com Answer for: what is downsizing

downsize - Definition

(v.) To reduce in size or number

Source:Dictionary.com

Downsizing is the reduction of expenditures in order to become financially stable. It usually implies a reduction in its employee headcount as well. Downsizing results from many factors, including increased global competition, new technologies, and weaker labour unions.

Downsizing is a commonly used euphemism which refers to reducing the overall size and operating costs of a company, most directly through a reduction int he total number of employees.

Downsizing is an act which a company lay's off employees in an effort to save the company money and prevent the company from going under.

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Q&A Related to "What Is Downsizing"

What is Downsizing?

| Downsizing is referred to when you change your life requirements from larger, to smaller, more affordable, or practical for your needs. A retired couple may sale the large house in http://answers.ask.com/Science/Psychology/what_is_... |

how to downsize?

| 1. Start with the clothes. If your closet is full of old clothes, or clothes that you don't wear, get rid of them without looking back. If you haven't worn in the past year (or seasonhttp://www.ehow.com/how_4879103_downsize.html |

Why do Companies Downsize?

| Companies usually downsize when profits are down and they are starting to feel it. It is a part of trimming the fat, so to speak. They save the cost of that employee's salary in...