noun
personnel cut; workforce reduction; layoff
Refers to reducing the number of employees, often as a cost-cutting measure. Common in business and economic news.
会社は人減らしを進めている。
The company is proceeding with workforce reductions.
不況で多くの企業が人減らしに踏み切った。
Due to the recession, many companies resorted to personnel cuts.
Compound of 人 (ひと, 'person') and 減らし (べらし, the noun form of 減らす, 'to reduce').