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Attrition refers to the gradual reduction of a workforce due to employees leaving the organization without being replaced. This contrasts with turnover, which includes both departures and replacements. Attrition typically results from resignations, retirements, or other natural separations. * Explanation of Other Options: * A. Employees who have resigned: Resignations are a part of attrition but do not define it entirely. * B. Employees compensated to leave the organization: This describes severance agreements, not attrition. * C. Fired employees in a given time period: Involuntary terminations are not specific to attrition.