Which of the following is defined as the separation of employees from the organization for economic or business reasons?

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Layoffs refer to the separation of employees from the organization for economic or business reasons. Outplacement refers to providing assistance to laid-off employees in finding new employment. Attrition refers to the natural reduction in the workforce due to retirements, resignations, or deaths. Termination refers to the separation of employees due to poor performance or policy violations. Phased retirement refers to a flexible retirement option where employees can gradually reduce their work hours before fully retiring.

Which of the Following Is Defined as the Separation of Employees