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Attrition |
Also found in: Dictionary/thesaurus, Medical, Wikipedia, Hutchinson | 0.04 sec. |
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Attrition The reduction in staff and employees in a company through normal means, such as retirement and resignation. This is natural in any business and industry. Notes: This type of reduction in staff is one way a company can decrease labor costs: the company simply waits for its employees to leave and freezes hiring. Such a method contrasts the more severe labor-reduction techniques, such as mass layoffs. Waiting for attrition is usually better for company morale. |
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| Simple attritional numbers, while easily produced, are, more often than not, meaningless. Moreover, it takes a two-thirds majority to win, so although Guatemala, Washington's favored candidate, has won every ballot except one, which was a tie, the repeated attritional voting has not resulted in victory. The First World War, with its terrible attritional character and acutely disappointing consequences, has thrown a long shadow over subsequent decades. |
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