Smartsizing — Refer instead to Downsizing … International financial encyclopaedia
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
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
cashier — v. To fire an employee. Example Citation: Norm Macdonald is getting the last laugh. The former Saturday Night Live regular is returning to guest host the show Oct. 23 not quite two years after being canned by NBC s top ranking program executive.… … New words
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 … 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
