Article: 'TIS THE SEASON FOR LAYOFF FEAR.(LIFE & LEISURE)

Byline: ELLEN O'BRIEN Knight-Ridder

As 1994 begins its slow seasonal unfolding toward winter and the holidays, there is another annual phenomenon that is beginning to pick up, in corporate headquarters and branch offices throughout the country.

Restructuring.

Downsizing.

Right-sizing.

Or, if you prefer the older, less euphemistic terminology:

Layoffs.

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