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Rationalization
(redirected from rationalisation)

    Also found in: Dictionary/thesaurus, Medical, Legal, Encyclopedia, Wikipedia 0.01 sec.
Rationalization
The process of reorganizing and overhauling a company's operations, policies, and anything else needed to make the company more efficient. Rationalization is thought to be more widespread than a reorganization; it may involve closing some operations while expanding others. It usually involves a shift in investment or other policy. Rationalization is intended to improve a company's profitability.
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The company said it needs to take the "unprecedented step" of considering a rationalisation of staffing levels to "preserve the future viability of the business and the job security of the vast majority of our valued employees.
Job threat at food factory by Liverpool Echo (Liverpool, England)
The firm, which employs 12,500 workers in this country, unveiled a rationalisation programme across its workforce, saying that the cuts were being made "reluctantly".
Jobs axed at Japanese giant by Daily Post (Liverpool, England)
The firm, which employs 12,500 workers in this country, unveiled a rationalisation programme across its workforce, saying the cuts were being made "reluctantly".
1,200 workers face axe at electronics firm; EMPLOYMENT: ECONOMY TODAY by The Journal (Newcastle, England)
 
 
 
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