This definition appears very rarely
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- Business, finance, etc.
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Samples in periodicals archive:
The same survey also showed that Bay Area executives were over eight times more likely to plan work force increases than work force reductions (42 to 5 percent.
The action will include a work force reduction in the Charlotte plant and will affect approximately 200-300 employees.
In July, Varian lowered its guidance for third quarter earnings and instituted cost-cutting measures and restructuring activities in its Scientific Instruments division, including work force reductions (see IBO 7/15/03).
The operational changes announced today are expected to be completed within the next eight to nine months and will result in a work force reduction of approximately 200 employees.
Critics of federal work force reductions stress that most of the downsizing to date has resulted from military base closings.
Disregarding a charge of 21 cents a share taken for the year for the costs of the work force reduction and related consolidation of facilities, the company earned $1.
This work force reduction is expected to result in a cash restructuring charge of approximately $2 million to $2.
``A lot of businesses have announced significant work force reductions, and that is not what is going on here.