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
Downsizing, often referred to as a layoff, is the process of reducing the size of an organisation’s workforce by terminating a certain percentage of its employee base. Organisations may utilize downsizing to help cut costs and remain competitive and efficient. Employees asked to exit are often compensated with a severance package of a fixed amount or a few months salary. The after effects of downsizing can be extremely negative, as remaining employees may fear themselves to be in a similar situation at a later time.
