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layoff
(redirected from Personnel downsizing)

   Also found in: Financial, Wikipedia 0.01 sec.


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? Mentioned in ? References in periodicals archive
 
As mentioned in "Announcement on 'Business Streamlining Plan' and Revision of Operational Results Forecast", which was released on August 9, 2006, profits will be secured by reducing fixed expenses through such steps as shop elimination and consolidation, wage cuts, personnel downsizing and drastic cost reduction.
Cost reductions resulting from personnel downsizing of
Changes included personnel downsizing, shut-down and relocation of production facilities, other business restructuring and consolidations, and work process improvements.
 
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