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Workforce Reduction
A decrease in the number of employees through means like layoffs, retirements, or resignations, often as a cost-saving or restructuring strategy.
Attrition
The reduction in workforce through employees leaving naturally (e.g., retirement, resignation) without being replaced.
Delphi Technique
A structured method of gathering expert opinions through questionnaires with multiple rounds allowing for feedback and refinement of responses.
Dynamic Technological Changes
Refers to the ongoing and rapid evolution of technology, impacting how businesses operate and compete.
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