Concept information
Preferred term
REDUNDANCY
Definition
- PERMANENT WORKFORCE REDUCTIONS AT THE ENTERPRISE LEVEL FOR ECONOMIC REASONS (E.G. BANKRUPTCY OR RESTRUCTURING) OFTEN AFFECTING A SIZEABLE NUMBER OF WORKERS
Broader concept
Scope note
- DO NOT CONFUSE WITH 'LAY-OFFS' WHICH IS USED FOR TEMPORARY WORKFORCE REDUCTIONS.
Keyword search
URI
https://hasset.ukdataservice.ac.uk/7ea076dd-a1a7-4352-a47e-709212cadd99
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