A term used in forestry (pruning = removal of lower branches to provide clearance and to get a knot-free tree trunk) that entered financial language after 1980; here it means the removal of excess items from a budget or the layoff (the term „layoff“ shall be avoided as much as possible for it is full of painful emotions which harm the image of the company) of personnel. – See activity analysis, downsizing, layoff productivity.

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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/

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