The 15-percent staff cut will reduce headcount to 54,000 from the current level of 63,745.

This alarming statistic shows that many companies may not be following due process before reducing headcount.

Dell announced a change campaign called "Dell 2.0," reducing headcount and diversifying the company's product offerings.

As the world turned from mainframes to microcomputers, Polistuk's operations were forced to reduce headcount in 1986 and 1988.

Paper's editor-in-chief confirms it will have to reduce headcount as it aims to save £25m before 2016.

To some extent, he is doing public sector managers a favour: they undoubtedly need to reduce headcount and here we have somebody who is willing to go.

Sberbank endorsed a long-term program to reduce headcount by 25% in 2014.

The company is to be more prudent in Britain, where it has reduced headcount for the past three quarters.

At first that meant reducing headcount.

Enterprises have grown accustomed to using early retirement, not just to reduce headcount, but also to restructure their workforces.