Workforce Reduction
/ˈwɜrkˌfɔrs rɪˈdʌkʃən/
Definitions
- (n.) The legal process or act of reducing the number of employees in a company, often due to economic necessity, restructuring, or other business reasons.
The company announced a workforce reduction to cut costs amid declining sales.
- (n.) A form of layoff or termination involving permanent or temporary elimination of jobs, sometimes governed by labor laws and collective bargaining agreements.
Workforce reductions must comply with applicable labor regulations and notice requirements.
Forms
- workforce reductions
Related terms
See also
Commentary
Workforce reduction is typically a legally sensitive term that implicates employment law, including notice, severance, and nondiscrimination requirements.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.