Decruitment

Decruitment refers to the process of reducing the workforce within an organization. This can occur through various methods such as layoffs, voluntary retirement schemes, or attrition. Decruitment is often implemented as a strategic decision to cut costs, restructure the organization, or respond to changes in market conditions. The process requires careful planning and communication to minimize negative impacts on remaining employees and maintain morale. Effective decruitment strategies also consider support for affected employees, such as outplacement services or retraining opportunities, to help them transition to new employment.