The laying off of large numbers of managerial and other employees is known as:
A) downsizing.
B) outsourcing.
C) rightsizing.
D) crowdsourcing.

Question

Quizplus · Accepted Answer

Downsizing is laying off large numbers of managerial and other employees. As a result of downsizing and/or attempts to reduce costs, many companies are outsourcing services that the human resource department previously provided.

The Laying Off of Large Numbers of Managerial and Other