Why Do Companies Downsize?


There may be many reasons why a company might need to downsize. If a company has recently merged with another firm, there may be duplicate positions that are not needed. Economic crisis can also affect a companies need to downsize, if money is scarce they may have to let some employees go.
Q&A Related to "Why Do Companies Downsize"
Downsizing is another term for laying off part of the workforce. When a company decides to downsize, it is the result of careful consideration of the company's costs, projected income
A company recently downsized its number of employees by 25% If there are still 105 employees, how many employees were there before
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