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Downsizing and Rightsizing

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image for OpenScout resource :: Downsizing and Rightsizing

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Downsizing refers to the permanent reduction of a company's workforce and is generally associated with corporate reorganization, or creating a "leaner, meaner" company. For example, the database developer Oracle Corporation reduced its number of employees by 5,000 after acquiring rival PeopleSoft.

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Copyright © 2011 Advameg, Inc.