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.
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A jocular term for firefighters, based on the traditional use of buckets (of water/sand etc.) in extinguishing fires.
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