Corporate downsizing refers to the process when a company reduces its workforce, typically by layoffs or termination of employees, with the goal of cutting costs and improving efficiency. Full definition
This serious - minded ensemble film portrays the wide psychic fallout of corporate downsizing with actors of considerable stature in small, pointed roles. (sfgate.com)
Belonging to a firm that hires out corporate downsizing experts, he specializes in doing various companies» dirty work by telling their employees that they are no longer needed. (parentpreviews.com)
They are reluctant entrepreneurs sloughed off in corporate downsizings who «hang out a shingle and become a designer on my own or an accountant on my own,» says Kunkle. (inc.com)