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Downsizing for an employer refers to a lowering of the number of employees, typically because of a reduction in profits or a reorganisation.
Downsizing inevitably involves making redundancies, with occur when an employer is ceasing to carry on with work for which the employee was employed, or is ceasing to carry on with work in the place where the employee is employed.
8 Feb 2005
Mobile phone company T-Mobile is to cut some 800 jobs at sites across the UK.
28 Jan 2005
Consumer goods giant Procter & Gamble expects to cut 6,000 jobs, after agreeing a £30bn merger with health and beauty product manufacturer Gillette.
26 Jan 2005
Pharmaceuticals giant Pfizer looks set to cut 400 jobs at one of the company's UK factories.
25 Jan 2005
Royal Mail has reduced its HR spend by £57m in two years as part of a massive organisational overhaul, senior HR executives have revealed.
12 Jan 2005
Oracle could cut 6,000 jobs from PeopleSoft with the confirmation of its buyout.
1 Dec 2004
The RMT union has condemned the axing of more than 700 train-making jobs by rail manufacturing company Bombardier, and called...
12 Nov 2004
About 22,000 jobs in UK manufacturing could be lost in the next three months as output lags in many areas,...
25 Oct 2004
HR staff at the BBC face an uncertain future after it emerged that the corporation is planning to cut up...