Downsizing refers to:
A) firms selling machinery that is no longer useful
B) seeking to operate the same business in a smaller building
C) building smaller telephone units for customers
D) compressing more data in a smaller space
E) selling units or laying off employees of the firm

Question

Quizplus · Accepted Answer

Downsizing typically involves reducing the size of a company's workforce or selling off parts of the business to cut costs and improve efficiency.

Downsizing Refers To