With what type of reduction do companies cut the hours available to each worker but don't lose any workers?

Question

Quizplus · Accepted Answer

Work sharing is a program that allows companies to reduce the work hours of employees instead of laying them off. The reduced hours are then partially compensated with unemployment benefits while still allowing the employees to keep their jobs. This is a common strategy during times of economic downturns or lower business demand.

With What Type of Reduction Do Companies Cut the Hours