Examlex
What is a general rule for stretching?
Downsizing
The intentional reduction of a company's workforce to improve its efficiency or reduce costs.
Survivor
An employee who remains in a company following layoffs or workforce reductions, often facing increased workloads, emotional stress, and changes in job roles.
Workforce Reduction
Strategies or actions taken by an organization to decrease its number of employees, commonly through layoffs, to reduce costs or adjust to market conditions.
Voluntary Severance Packages
Financial incentives offered by employers to encourage employees to voluntarily resign, often used in workforce downsizing scenarios.
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