logo share us

Downsizing

   

Definition: Downsizing is an euphemism referring to an organization's need to streamline its operations, often combined with layoffs, in order to cut labor costs by reducing the size of the company.
It is the conscious use of permanent personnel reductions in an attempt to improve efficiency and/or effectiveness of the organization.
D can occur at any time, but is more prevalent in difficult economic times.


   
   
💡

Learn more about Downsizing.



More on termination of employment: Attrition, Dismissal, Employee Exit Management, Employee Furlough, Exit Interview, more on termination of employment...

You may also like: Full-time MBA, Executive MBA, Executive Education, Online MBA.



MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration.

We like to keep things short, and provide links to learn more about your subject.


add us to your desktop

Add MBA Brief to your desktop / iPad

   

© 2024 MBA Brief - Last updated: 27-5-2024  -  Privacy   |   Terms