Buzzwords: The 'honey on the language vine'.

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B C D E F G H L O P R S U V W

downsizing

Term used to describe mass retrenchments and redundancies as a company reduces its workforce in an attempt to drive costs down the easy way, whilst raising apparent profits. That profit isn't necessarily increased over the long terms seems not to be a concern.

Nor is the effect it has on the people dismissed and their families.