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Older workers are more afraid of change than of discrimination.
Downsizing Strategies
Strategies employed by organizations to reduce the scale and scope of their operations, often to cut costs or realign focus.
Short-term Reaction
An immediate response or adjustment made in response to a specific event or situation, often temporary in nature.
Strategic Planning
The process of defining an organization's direction and making decisions on allocating its resources to pursue this strategy.
Human Resource Planning
Involves forecasting the organization's future human resource requirements and developing plans to meet those needs.
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