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layoff
(redirected from Workforce reduction)

   Also found in: Financial, Wikipedia 0.03 sec.


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? Mentioned in ? References in periodicals archive
 
The number may include rehires from a workforce reduction in February.
The company has received a bank line of credit that will allow it to approve $250 million in loan commitments for the 2003 crop season, in comparison to $465 million last year In response, the company has enacted several cost-cutting measures, including the workforce reduction.
Approximately US$ 40 million of the cost savings will result from a workforce reduction of 500 employees.
 
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