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What is outsourcing vs downsizing vs recession?

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User Rishab
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1 Answer

3 votes

your answer is

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.

answered
User Mahesh Malpani
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7.5k points
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