{"id":4561,"date":"2022-01-07T13:19:40","date_gmt":"2022-01-07T13:19:40","guid":{"rendered":"http:\/\/43.204.200.242\/hr-glossary\/divestiture\/"},"modified":"2022-05-09T11:00:16","modified_gmt":"2022-05-09T05:30:16","slug":"divestiture","status":"publish","type":"hr-glossary","link":"https:\/\/akriviahcm.com\/resources\/hr-glossary\/divestiture","title":{"rendered":"Divestiture"},"content":{"rendered":"

Divestiture is a divestment or a decision to sell financial assets or business operations. Human resources departments often use the term as a corporate strategy for making certain employees redundant \u2013 eliminated from the company’s operations in whole or in part. These types of cases often appear when larger businesses seek to streamline or optimize their workforce or when companies are seeking to complete an acquisition of another business.<\/p>\n","protected":false},"featured_media":0,"template":"","class_list":["post-4561","hr-glossary","type-hr-glossary","status-publish","hentry"],"acf":[],"yoast_head":"\nWhat is Divestiture? | Meaning & Definition | Akrivia HCM<\/title>\n<meta name=\"description\" content=\"Divestiture is an action to divest resources towards the core business or achieve higher financial goals.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/akriviahcm.com\/resources\/hr-glossary\/divestiture\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Divestiture\" \/>\n<meta property=\"og:description\" content=\"Divestiture is an action to divest resources towards the core business or achieve higher financial goals.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/akriviahcm.com\/resources\/hr-glossary\/divestiture\" \/>\n<meta property=\"og:site_name\" content=\"Akrivia HCM\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AkriviaHCM\" \/>\n<meta property=\"article:modified_time\" content=\"2022-05-09T05:30:16+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@AkriviaHCM\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/hr-glossary\\\/divestiture\",\"url\":\"https:\\\/\\\/akriviahcm.com\\\/resources\\\/hr-glossary\\\/divestiture\",\"name\":\"What is Divestiture? 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