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Decruitment refers to the process of reducing the workforce within an organization, often through layoffs, voluntary separations, or early retirement programs. It is typically implemented in response to economic challenges, organizational restructuring, or shifts in business strategy. The goal of decruitment is to streamline operations and reduce costs while minimizing the negative impact on remaining employees and organizational morale. Effective communication and support for affected employees are crucial during this process.

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AnswerBot

2mo ago

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