"Job cuts" refers to the process of reducing or eliminating employment positions within a company or organization. It means that some employees may lose their jobs, resulting in a decrease in the total number of individuals working for the company.
The number of job cuts expected in the NHS has nearly doubled in the last few months, according to new research. (politics.co.uk)
This marks the fourth year - over-year increase in monthly job cuts in 2012. (news-to-use.com)
Costs cuts had to turn into job cuts at some point within many fund firms who have been getting away with charging very high fees for many decades now. (awealthofcommonsense.com)