workforce optimisation
standard delayering
restructuring
re-engineering
resource rationalisation
downsizing
voluntary separation
Why don’t companies call a spade a spade and just say that they are laying off people, rather than attach fancy labels to such exercises?
Related posts:
A new kind of retrenchment
How the ax falls, Filipino-style
Top 10 buzzwords in 2009
You forgot the old favorite: re-org!
What about – You’re fired!