What is Reorg?
1.
A company reorganization, usually involving the firing of a number of employees and promotion of others to the point of uselessness. Often used as a futile measure when a company is about to tank.
Bobco went through a reorg last year, they promoted all of their middle management to management and fired all of the previous managers in a futile attempt to regain stockholder trust.
See
Random Words:
1.
Adjective: Set for life, established, successful, elated, on cloud nine.
Especially used to describe the emotional or financial state ..