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Concept information

Preferred term

downsizing  

Definition(s)

  • Downsizing refers to the reduction of employees in a business enterprise for economic or business reasons. In contrast to being fired, to be downsized is usually not strictly related to personal performance but rather to economic cycles or a company's need to restructure itself. [Source: Encyclopedia of Social Problems; Downsizing]

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-SGRR8FK9-D

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