job cut

Workforce reduction measure

A job cut is the elimination of a position from an organization's workforce, typically as a cost-saving measure.

Companies announce job cuts during economic downturns or restructuring: The tech giant announced 10,000 job cuts yesterday.

The term frames layoffs from the employer's perspective—positions are cut, not people fired.

Related

corporate downsizing · walking papers · termination · severance · golden parachute · unemployment · restructuring · staff reduction · pink slip · pink slip party · workforce reduction · axe · slash · headcount · retrenchment · furlough · hiring freeze · dismissal

Categories
Opposites
employment action direction

job cuthiring

Giving someone work

job creation · recruitment · new hire · employment growth · hiring spree

organizational growth status

job cutexpansion

Increase in scope

business growth · scaling up · investment · market expansion · prosperity

departure type

job cutresignation

Voluntary relinquishment of position

quitting · voluntary separation · voluntary resignation · retirement · walking out

Family

job, cut, jobs, jobbed, jobbing, jobless, joblessness, cuts, cutting

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Negative · Everyday, not technical · Rated G