Methods of reducing labour costs include downsizing, outsourcing, and employee leasing.

Name: Methods of reducing labour costs include downsizing, outsourcing, and employee leasing.
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These methods are commonly used by businesses to reduce labor costs. Downsizing reduces the number of employees, outsourcing involves hiring external parties to perform tasks, and employee leasing involves hiring employees through a leasing firm, which can lead to lower costs associated with benefits and administration.

Methods of Reducing Labour Costs Include Downsizing, Outsourcing, and Employee