dumbsizing

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 excessive chopping in many cases led to the corporate equivalent of anorexia. In peak periods, companies have been forced to out-source work, often, ironically, for a premium to their own laid-off employees — you know, the ones with the training and expertise to do the job. Downsizing, meet 'dumbsizing."
— Martha Groves, "Downsizing Wave Has Reached a Point of Diminishing Returns," The Los Angeles Times, July 7, 1996
Earliest Citation:
We thought you'd want to know that for 1993 Indians are in and cowboys are out; blame is in and responsibility out, and dumbsizing is in and downsizing out. Or, so it says in something called "The Trends Journal: The Authority on Trend Management."
— James A. Finefrock, "Trends in Trends," San Francisco Examiner, December 23, 1992
Related Words: Category:

New words. 2013.

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Look at other dictionaries:

  • dumbsizing — dumbsize UK US (also dumb size) /ˈdʌmsaɪz/ verb [T] INFORMAL HR, MANAGEMENT ► to reduce the number of people working in an organization so much that it can no longer operate effectively: »The company has been dumbsized, and left with some of the… …   Financial and business terms

  • dumbsizing — …   Useful english dictionary

  • dumbsize — dumb‧size [ˈdʌmsaɪz] verb [transitive] JOURNALISM to reduce the number of people working for a company to a level where it is no longer possible to do the work effectively or well compare downsize * * * dumbsize UK US (also dumb size) /ˈdʌmsaɪz/… …   Financial and business terms

  • Layoff — (in British[1] and American English), also called redundancy in the UK, is the temporary suspension or permanent termination of employment of an employee or (more commonly) a group of employees for business reasons, such as when certain positions …   Wikipedia

  • Layoffs and Firings — 99er boomerang brightsizing capsizing career change opportunity cashier corporate anorexia down …   New words

  • 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

  • bozo explosion — n. The large number of inept employees that a company ends up with when it hires an incompetent executive, who in turn hires incompetent managers, who then hire incompetent workers. Example Citation: In the chapter about designing the original… …   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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