Attrition refers to the gradual reduction of a workforce due to employees leaving an organization voluntarily or involuntarily, without immediate replacement. It can result from resignations, retirements, layoffs, or other forms of employee turnover. High attrition rates can impact productivity, company culture, and overall business performance.
Yes, firing (involuntary termination) can be part of attrition, but it's a specific type.
Attrition refers to the reduction in workforce over time, including:
So, while attrition often implies natural or voluntary exits, firing is considered a form of involuntary attrition.