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Layoff - Wikipedia
A layoff is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) for ... More »
down·size
[doun-sahyz]
VERB (USED WITH OBJECT) [DOWN·SIZED, DOWN·SIZ·ING.]
1.
to design or manufacture a smaller version or type of: The automotive industry downsized its cars for improved fuel economy.
2.
to reduce in number; cut back.
ADJECTIVE
3.
being of a smaller size or version: a downsize car.
Source: Dictionary.com

What is downsizing? - Definition from WhatIs.com

whatis.techtarget.com/definition/downsizing

In a business enterprise, downsizing is reducing the number of employees on the operating payroll.

What Is the Meaning of Downsizing? | Chron.com

work.chron.com/meaning-downsizing-6715.html

Downsizing refers to the reduction of a company's labor force. Instead of firing workers, however, the employer shrinks the payroll by permanently eliminating ...

What is downsizing? definition and meaning - BusinessDictionary.com

www.businessdictionary.com/definition/downsizing.html

Definition of downsizing: Computing: Adapting mainframe computer based software to a desktop or personal computer (PC) based architecture, without too ...

DOWNSIZING ISN'T WHAT IT'S CRACKED UP TO BE •

iveybusinessjournal.com/publication/downsizing-isnt-what-its-cracked-up-to-be/

In fact, this author states that downsizing has only a 50-50 chance of reducing costs. And while the alternatives to downsizing he describes may not be new, ...

What Happens When a Company Downsizes? - The Balance

www.thebalance.com/what-happens-when-a-company-downsizes-2061972

Mar 2, 2016 ... Downsizing occurs when a company permanently reduces its workforce. Read below for information on why a company might downsize, what ...

Layoffs, Downsizing, and Outsourcing - Encyclopedia - Business ...

www.inc.com/encyclopedia/layoffs-downsizing-and-outsourcing.html

A "downsizing" simply means releasing employees because the operation no longer needs them; reorganization or restructuring of the institution has eliminated ...

Downsize Definition | Investopedia

www.investopedia.com/terms/d/downsize.asp

A downsize refers to reducing the size of a company by eliminating workers and/ or divisions within the company. It is sometimes referred to as "trimming the fat".

downsize Definition in the Cambridge English Dictionary

dictionary.cambridge.org/us/dictionary/english/downsize

downsize definition, meaning, what is downsize: If you downsize a company or organization, you make it smaller by reducing the number of…. Learn more.