Definition
A layoff that eliminates positions for business reasons, rather than because of individual performance. It is the corporate euphemism that tries to make 'your role no longer exists' sound like an organizational improvement.
Example Usage
The RIF list was finalized last night, and the all-hands meeting this morning will use the phrase 'realigning our resources' eleven times.
Source: Common corporate and HR terminology
Related Terms
Translate This Term
See “Reduction in force (RIF)” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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