Examlex
Co-languages:
Layoffs
The process of dismissing staff members, frequently because of financial declines, changes in the organizational structure, or efforts to reduce expenses.
Labour Force Participation
The proportion of the working-age population that is engaged in or seeking employment.
Workforce
The collective group of employees or labor force of an organization or economy.
Downsizing Strategies
Plans and approaches deployed by organizations to reduce costs through workforce reductions, realignment, or restructuring.
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