Workforcereduction has been increasingly utilized by enterprises as anapproach to optimizestaff formation, and improvethe efficiency and competitivenessofenterprises.
AMD's restructuring plan, a significant portion of which will be implemented in the fourth quarter of 2012, will include a workforcereduction and site consolidations.
Until now, Ford has tried to use a surgical approach to workforcereduction, offering buyouts and early retirements only to certain workers in certain plants where factories are closing or production is being scaled back.