the reduction of expeditures and personnel in order to become financial stable; -- of businesses.
A company's reduction in the number of employees, number of bureaucratic levels, and overall size in an attempt to increase efficiency and profitability.
adjust staff numbers to meet essential needs and to carry out responsibilities. Also called rightsizing by some wags.
Reducing the total number of employees at a company through terminations, retirements, or spinoffs.
the reduction of expenditures in order to become financial stable
Reducing the number of employees on the operating payroll. Our products can help identify where the downscaling is possible by showing where duplicate roles and non-essential staff exists.
The reduction in both total staffing and layers of management.
When an organisation reduces the number of its employees, usually in response to financial hardship.
Reducing the size of a workforce, distribution network, etc., to achieve a broader set of objectives.
When organizations fire employees or let them go. Downsizing may take place in the mistaken belief that the down-sized organization will become more profitable or cost effective.
Movement in Corporate America to reduce costs and become more competitive; reducing headcount to lower fixed costs.
(1) The evaluation of existing hardware as it relates to the business needs of the company. If the company does not have mission critical applications the client server architecture would be better to use than a giant mainframe. Downsizing refers to the hardware change of a mainframe to the use of a microprocessor computers as servers. (2) In an organizational context, downsizing refers to the reduction of personnel in streamlining the organization's processes. This could be part of an organization's reengineering efforts. [Articles
A reduction in the workforce.
Reducing or eliminating layers of management and the number of employees to increase an organization's efficiency, productivity, and profitability.
The process of reducing the number of employees of a business, its assets or the overall scope of its operations with the usual intention to improve efficiency and/or profitability.
A reduction in the staffing requirements of businesses which can follow after privatisation for a variety of reasons such as competitive pressures or the need to increase the profitability of the business by cutting costs
the process of reducing the workforce of an organisation. Usually involves laying off a significant number of employees
Reducing the size of an organizational workforce.