Last post November 30, 2015 06:22 AM by abhirutu. 1 repiles.
Is there any difference between down-sizing, right-sizing and lay-off? Or are these just situation-specific jargons suitablly used?
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.