Reductions in a company's workforce as part of deindustrialization are called

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Downsizing refers to the reduction of a company's workforce as part of deindustrialization, often as a cost-cutting measure. Deindustrialization refers to the decline of industrial activity in a region or country. Anomie and alienation are social and psychological concepts referring to the sense of isolation, disconnection, and meaninglessness that can occur in modern societies.

Reductions in a Company's Workforce as Part of Deindustrialization Are