Reduction in Force definition

Reduction in Force means abolition of positions in an agency or part of an agency and the corresponding nondisciplinary removal of affected employees from such positions through separation from employment or through displacement to other positions.
Reduction in Force means an involuntary termination of employment with the Company due to elimination of a previously required position or previously required services, or due to the consolidation of departments, abandonment of facilities or offices, technological change or declining business activities, where such termination is intended to be permanent; or under other circumstances which the Committee, in accordance with standards uniformly applied with respect to similarly situated employees, designates as a reduction in force.
Reduction in Force means an involuntary Termination of Service of a Participant by the Bank in connection with a financial decision by the Board to reduce the number of Bank employees, not due to the Participant's performance, and not due to a Reorganization.

Examples of Reduction in Force in a sentence

  • The one (1) year requirement described in this provision may be waived at the discretion of the Contracting Officer if the Authority employee or former employee has been subject to a Reduction in Force; in such case, the Contracting Officer will provide the Contractor with a letter to that effect.

  • Stats and will refer the employee to the Reduction in Force provision in this Handbook.

  • Such notice must be sent at least thirty-five (35) days before the effective date of any Reduction in Force (RIF) and at least five (5) days before any employee is officially notified of layoff.

  • Preconditions for Implementation of Layoff and Reduction in Force.

  • The layoff notice shall specify the effective date of layoff, that it is the responsibility of the employee to keep the District informed in writing of any changes in the employee's address, and that it will refer the employee to the Reduction in Force provision in this Handbook.

More Definitions of Reduction in Force

Reduction in Force or “RIF” means and refers to a systematic series of Terminations of Employment of Employees by the Bank intended to lead to a permanent reduction in staffing.
Reduction in Force means a 409A Separation with Company during the Initial Deferral Period in which the Company terminates the employment of at least ten (10) employees within a business unit in connection with a single plan of reduction to occur within a rolling 90-day period or longer period incorporated into a specific plan of reduction.
Reduction in Force means an involuntary Termination of Employment of a Participant by the Bank in connection with a financial and/or strategic decision by the Bank to reduce the number of Bank employees and not due to the Participant’s performance.
Reduction in Force means any termination of employment that, in the sole judgment of the Company, is (i) made at the request of the Company or an Affiliated Corporation and is due to the elimination of the Employee's position, or (ii) a reduction in the number of persons employed by the Company, either overall or in the Employee's function, department, division or other relevant workplace unit.
Reduction in Force. (hereafter “RIF”) shall mean the discontinuance of employment of any employee for financial or program reasons as determined by CDS.
Reduction in Force as used in this Agreement means a decision by the board of Education to reduce the number of employees for economic reasons. Such a reduction may be accomplished by reducing the hours of employees or by instituting layoffs. 180 day employees who have one year or less than one year of service are typically released at the end of the school year.
Reduction in Force means a termination occurring as part of a position elimination where an offer is made to the impacted employee to participate in ADC’s general reduction in force or redundancy program.