Execs use many words to avoid one: Layoffs beckershospitalreview.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from beckershospitalreview.com Daily Mail and Mail on Sunday newspapers.
Nintendo's CEO once took a 50% pay cut to avoid layoffs. Here's why it worked for the video game company, says expert and why it's not always a perfect fix.
A lexicon to describe layoffs euphemistically became more common in the late 1980s and 1990s as job cuts were normalized, according to Sucher. Previously, layoffs were more rare, and mostly the result of a manufacturer closing its plant in a town.