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2 November, 11:45

What is outsourcing vs downsizing vs recession?

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  1. 2 November, 13:06
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    layoffs, Downsizing, and Outsourcing. A "layoff" is an action by an employer to terminate employees for lack of work ... A "downsizing" simply means releasing employees because the operation no longer needs them; reorganization or restructuring of the institution has eliminated jobs.
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