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A firm attempting to reduce the size of its work force may use several approaches. The approach most likely to be saved as a last resort is

attrition.
early retirment.
firing.
hiring freeze.
layoff.

User MSquare
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The approach most likely to be saved as a last resort is firing. Businesses try not to fire waves of people unless they are in deep financial trouble because they do not want to put a lot of people out of work and it draws in bad publicity.

User Guyl
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