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Down-sizing, right-sizing, lay-off

Last post November 30, 2015 06:22 AM by abhirutu. 1 repiles.

November 29, 2015 06:49 AM 1
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Join Date: January 5, 2008
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Post Date: November 30, 2015
Posts: 28
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Down-sizing, right-sizing, lay-off

Hello colleagues,

Is there any difference between down-sizing, right-sizing and lay-off? Or are these just situation-specific jargons suitablly used?

Sunil 

November 30, 2015 06:222
abhirutu
Total Posts: 1
Join Date: January 5, 2008
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Post Date: November 30, 2015
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Re: Down-sizing, right-sizing, lay-off

 Hi Sunil

I agee with your query cum half answer that these are jargons created to time  and situation specific acivities.  Ultimate goal in this is to remove extra manpower, extra-fab.  Hoewver, in the eyes of law lay off is the basic word for those eligible employees enjoying protection under Indian Industrial Disputes Act.

Hope this clarifies your query.

 

Regards

Sanjay