Significantly reducing the number of staff members in an organization for cost containment purposes is a process generally referred to as

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Downsizing refers to reducing the workforce of an organization in order to cut costs. This can involve layoffs, early retirement packages, and other means of reducing the number of employees. Abasing, erosion, and attrition do not specifically refer to the process of reducing staff for cost containment purposes.

Significantly Reducing the Number of Staff Members in an Organization