Sentence examples for downsizing company from inspiring English sources
For example, in New York, you likely qualify for unemployment if you were released from your job due to lack of work, the end of an employment season, the elimination of your job position, an involuntary reduction in work force, downsizing, company restructuring, or a lack of company funds.[4].
What does someone who has been let go from a downsizing company know about the job market that you don't know?
None of us want to be remembered as a "Chainsaw Al" Dunlap, a now-retired executive known for downsizing companies.
About two years ago, as part of downsizing, the company began assigning one assistant to three or four executives.
Williams noted in his blog post that while there is some downsizing the company is not using the layoffs to reposition the bigger business as it repositions the technology that runs it.
The decision is typical for downsizing Chinese companies, experts say, since the younger workers tend to be better educated.
This sort of thing happens everyday in corporate culture, with the spate of mergers, downsizing and companies going in "new directions".
According to Chester Spell, a professor of management at Rutgers University who has researched the effects of downsizing on companies, this is the best case scenario.
That doesn't exist anymore.' " So he downsized the company — though he preferred the term "right-sized" — closing two of the plants in Queens.
Because of market turmoil, including heavy margin calls, Mr. Tomkinson said, "we are left with no other alternative but to downsize our company to better operate and navigate through this difficult and unrelenting environment".
