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What does reskilling mean?

Looking for the meaning or definition of the word reskilling? Here's what it means.

Verb
  1. present participle of reskill
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Examples
He has called for a retraining and reskilling package for workers.
Bank holidays and holidays are unpaid, long hours are spent reskilling, and paperwork can be time-consuming.
Not to be harsh to the retrenched worker, the reform process provides for safety nets and reskilling of the workers so that they can take up other activities.
In most cases, they regain their contributions and put them to sound use in reskilling their employees.
Lay-offs should be a last resort: intelligent work-sharing and reskilling should be used instead.
The committee has said that old industries will need to be accommodated by shifting them out or reskilling workers – a mammoth undertaking.

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