Layoffs and Firings

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  • ghost work — (gohst wurk) n. After a round of layoffs or firings, the work that used to be done by the former employees and that must now be handled by the remaining staff. Example Citation: In an office haunted by the ghosts of laid off employees, those… …   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

  • rightsizing — n. Downsizing a company s workforce to the point where the number of employees remaining is deemed to be right for the company s current condition. Example Citation: Downsizing became popular a few years ago to replace layoffs, but then people… …   New words

  • Wordspy Guide to New Words — Categories Business Branding (16) Buzzwords (36) Companies (24) Corporate Culture (55) E commerce (45) Economics (59) Employees (78) …   New words

  • flexicurity — n. Labor practices that give companies the flexibility to fire workers as needed and offer fired workers the security of government backed benefits and retraining opportunities. adj. [Blend of flexibility and security.] Example Citations: It is… …   New words

  • precariat — n. People whose lives are precarious because they have little or no job security. [Precarious + proletariat.] Example Citations: This is echoed by the handful of other academics who are dipping their toes into the murky psychological depths where …   New words

  • regime change — (ruh.ZHEEM chaynj) n. An ironic reference to a change of leadership, particularly in business, politics, or sports. Example Citation: As you might have heard, we ve had a regime change here at the paper. We knew something was up Wednesday when… …   New words

  • exit memo — (EKS.it mem.oh) n. A memo addressed to the employees of a company, written by a person about to leave the company Example Citation: Among the memoranda and spread sheets that make up most corporate communications, the goodbye memo mass mailed to… …   New words

  • inshoring — pp. Gaining local jobs when foreign companies add or expand upon local operations. Also: in shoring. inshore v., n. Example Citations: Amen said the center hopes to broaden the study to get a handle on foreign based companies moving work to the… …   New words

  • mancession — n. A recession that affects men more than women. Also: man cession. [Blend of man and recession.] Example Citations: What is a mancession, you ask? It s not this. It s a recession that hurts men much more than women, and we are allegedly in the… …   New words

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