downaging

downaging
n.
When companies lower the average age of their employees, either by laying off older workers or by replacing them with younger workers.
Example Citation:
"Midlife insecurity extends far beyond concerns about appearance and prowess to the loss of what were once the perks of midlife, like job security, to such an extent that 'downsizing' might be more appropriately termed 'downaging.' — Martha Manning, The New York Times Book Review
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New words. 2013.

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  • RIF — v. To fire or lay off an employee. Example Citation: I ve seen a lot of friends here today. People that I didn t know got RIFed. For most people, it was a shock, said Stark, who works on personal computers at the lab. Patrick Armijo, LANL workers …   New words

  • boomerang — (BOOM.uh.rang) n. 1. An employee who quits to take another job and later returns to the company. 2. An employee who is laid off and then rehired as a consultant or contract worker. Example Citation: • Gensler s motivation and retention efforts… …   New words

  • brightsizing — n. Corporate downsizing in which the brightest workers are let go. Also: bright sizing. Example Citations: What gives Adams grist for the Dilbert mill is the way managers mishandle downsizing, not only in the often cruel manner in which the news… …   New words

  • capsizing — n. The reduction of a workforce to the point where the company goes under. Example Citation: Why doesn t downsizing work in most cases? Because the company typically cuts the people but not the work. So now you ve got fewer people doing more work …   New words

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  • downager — n. A person who acts younger than his or her age. downaging pp. Example Citations: Experts have coined the term downagers which they say reflects the growing act younger, live younger attitude of the over 60s and believe it applies to more than… …   New words

  • dumbsizing — (DUM.sy.zing) pp. Reducing the size of a company s workforce to such an extent that the company becomes unprofitable or inefficient. Also: dumb size. dumbsize v. dumbsizer n. Example Citation: Granted, companies became lean and nimble, but… …   New words

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