Concept information
Preferred term
redundancy (HRM)
Definition
- In business terminology, redundancy is the condition of having more employees—specifically, more man-hours of labor—than there is work that needs to be done. Though desirable in some sense, as it can be the consequence of improved efficiency particularly if demand does not increase enough to take up the slack, from the employee s point of view it is a workplace bogeyman, leading to the dreaded layoffs. [Source: Encyclopedia of Business in Today's World; Redundancy]
Broader concept
Entry terms
- job layoff
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/redundancy_(HRM)
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