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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.
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