Usually means: Attrition through retirement or resignation.
Definitions Related words Mentions
We found 11 dictionaries that define the word natural wastage:

General (8 matching dictionaries)
  1. natural wastage: Longman Dictionary of Contemporary English
  2. natural wastage: Merriam-Webster
  3. natural wastage: Collins English Dictionary
  4. natural wastage: Cambridge Advanced Learner's Dictionary
  5. natural wastage: Wiktionary
  6. natural wastage: TheFreeDictionary.com

Business (2 matching dictionaries)
  1. natural wastage: Legal dictionary
  2. Accounting, Business Studies and Economics Dictionary (No longer online)

Medicine (1 matching dictionary)
  1. natural wastage: Medical dictionary

Definitions from Wiktionary (natural wastage)

noun:  (British, business) Decrease of workforce caused by non-replacement of retiring or voluntarily resigning employees and not by deliberate layoffs.

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