What Does RIF Stand For?
RIF stands for Reduction In Force
RIF, or Reduction In Force, refers to the process by which an organization reduces its workforce to improve efficiency, cut costs, or address financial difficulties. This strategic decision often involves layoffs and can impact various levels of employment within a company. RIF is typically executed in accordance with legal and ethical considerations, ensuring compliance with labor laws and fair treatment of affected employees.
Added on 27th September 2008 | Last edited on 16th June 2025 | Edit Acronym