the reduction of staff numbers within a company by letting go the mostly recently hired employees, an unintentional byproduct of which being that often the most highly capable or qualified employees are lost (slang)

The ultimate business dictionary. 2015.

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  • 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

  • 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

  • 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 — ( 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

  • revector — (ree.VEK.tur) v. To change a business plan, especially as a means of reducing the size of a company s workforce. Example Citation: Responding to changing international market conditions, Teleglobe (NYSE,TSE: BCE), the e World Communications… …   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

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