Examlex
What strategy is considered more conducive to transferring and leveraging subsidiary skills and capabilities across borders?
Workforce Reduction
The process of decreasing a company's employee count through methods such as layoffs, retirements, or terminations, often for cost-cutting measures or organizational restructuring.
Unwritten Employment Contract
An implied agreement between an employer and employee that is not formally documented but is understood and accepted by both parties.
Downsizing
A corporate strategy involving the reduction of a company's workforce to improve efficiency or adapt to new market conditions.
Short-term Cost Adjustment
Immediate actions taken to modify expenses in response to financial pressures or budget constraints.
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