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Meaning of “natural wastage” in the English Dictionary

"natural wastage" in British English

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natural wastagenoun [U]

uk   /ˌnætʃ.ər.əl ˈweɪ.stɪdʒ/ us   /ˌnætʃ.ɚ.əl ˈweɪ.stɪdʒ/ UK also wastage, US attrition
a reduction in the number of people who work for an organization that is achieved by not replacing those people who leave
(Definition of natural wastage from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"natural wastage" in Business English

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natural wastagenoun [U]

uk   us   UK US attrition HR
a reduction in the number of people who work for an organization, which is achieved by not replacing those who leave: The company said all the jobs would be cut through natural wastage.
(Definition of natural wastage from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “natural wastage”
in Chinese (Simplified) (由离职引起的)自然减员…
in Chinese (Traditional) (由離職引起的)自然減員(縮小編制)…
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