Attrition

Attrition refers to the gradual reduction of a workforce by employees leaving and not bEINg replaced, often due to resignation, retirement, or other voluntary departures. This process can lead to a decrease in personnel without formal Layoffs.

Examples of attrition include:

• A company experiencing high turnover where employees frequently leave for better opportunities, resulting in a smaller staff over time.
• A university where faculty retire but are not replaced, leading to a gradual decrease in teaching staff.

Cases of attrition can be observed in various sectors:

• In the tech industry, startups may see attrition as employees move to larger firms with better benefits.
• Healthcare facilities might experience attrition due to burnout, with nurses leaving the profession altogether.