Spin Cycle

by Jacob Shafer

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July 23, 2009
Organization changes v. A blanket term used to indicate the firings, demotions and increased workloads of employees at a company that’s losing money. See also: restructuring, workforce reduction

Usage: “Alexander & Baldwin, Inc…today announced key organization changes in its agribusiness segment, which includes Hawaiian Commercial & Sugar Company…the state’s only remaining operating sugar company.”

- From a March 13, 2009 A&B press release

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