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
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
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
corporate anorexia — (KOR.puh.rit an.uh.REKS.ee.uh) n. A business disorder, marked by an extreme fear of becoming inefficient that leads to excessive cost cutting to the point of serious loss of business and sometimes bankruptcy. Example Citation: Some business… … New words
funemployment — n. A period of joblessness that a person uses for leisure and other fun activities. funemploy v. Example Citations: A growing group of jobless across the nation are joining a self proclaimed movement: funemployment. It s a group of jovial… … New words
pink-slip party — n. A party where each attendee is a person who has recently lost their job, particularly because of a failed or downsized dot com company. Example Citation: Failure chic has spawned a cottage industry of failurenalia. Academics are writing books… … New words
uninstalled — adj. A euphemism for being fired. Example Citation: He offers ways to fight doublespeak, as simple as highlighting it in memos, rewriting the offending phrase in understandable language and placing it on the bulletin board. But be careful when… … New words
warm-chair attrition — (warm chair uh.TRISH.un) n. The loss of workplace productivity due to employees who dislike their jobs and are just waiting for the right time to quit and move on to something better. Example Citations: Surveys indicate that more than a third of… … New words
