Examlex
Which of the following is true about a resignation letter?
Downsizing
A corporate strategy that involves reducing the company's workforce to improve efficiency, productivity, or sustainability.
Systematic Change
A deliberate and planned effort to alter processes, policies, or systems within an organization in a coherent and cohesive manner.
Downsizing Strategy
A business policy aimed at reducing the size of a company through layoffs, closure of locations, or other means to improve financial performance.
Reducing Workforce
Refers to the process of decreasing a company's employee count to improve financial performance, adapt to market changes, or restructure its operations.
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