downsizing - Hutchinson encyclopedia article about downsizing Printer Friendly
The Free Dictionary
1,136,041,131 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

downsizing

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.03 sec.

downsizing

Restructuring of an organization, usually involving a significant reduction in workforce. A popular practice during the late 1980s and early 1990s, downsizing was seen as a way to deliver better shareholder value by reducing costs, and was associated with the practice of delayering.

One person strongly associated with the practice of downsizing was US business executive ‘Chainsaw’ Al Dunlap. Management thought has moved away from wholesale downsizing as a recovery strategy although it is still practised. The stigma associated with the term has led to the use of the euphemism rightsizing (see rightsize) instead.



How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
 Email
Feedback
?Sign in SSL protected
Email:
Password:
Register

? Mentioned in ? References in periodicals archive
 
Superior's corporate offices and 125 corporate staff, which also are located at this facility, will not be affected by the downsizing.
Wheeling off by Los Angeles Business Journal
2) Downsizing through integration of peripheral circuitry
NEC LCD Technologies Develops 4.1-Inch System-on-Glass LCD Module ... by JCN Newswires
Prior to the downsizing, I had taken out a loan against my 401(k) and was paying it back.
401(k) loan setback by Scott, Matthew S. / Black Enterprise
More results
 
Hutchinson browser? ? Full browser
 
 
Hutchinson Encyclopedia
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.