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simply it is reduce all things human - assets - cost - Expensive
Downsizing process : its to reduce cost , employees , investments , salaries , resize the organization , rearrange departments , merge responsibilities , departments , that is come from commercial or economical crisis background or change the type of business and\\or investments.
Often, these procedures come with conflict or losses for a while until the new wheels walk on the path again.
I would agree with the answers.. Variety of correct info ... Thank You
In a business enterprise, downsizing is reducing the number of employees on the operating payroll. Some users distinguish downsizing from a layoff , with downsizing intended to be a permanent downscaling and a layoff intended to be a temporary downscaling in which employees may later be rehired. Businesses use several techniques in downsizing, including providing incentives to take early retirement and transfer to subsidiary companies, but the most common technique is to simply terminate the employment of a certain number of people.
Rightsizing is downsizing in the belief that an enterprise really should operate with fewer people. Dumbsizing is downsizing that, in retrospect, failed to achieve the desired effect.
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