Wednesday, October 04, 2006

The new word for FMPs is: “Synergy targets”

Wherein I think we've used up all the euphemisms


There's this company -- no names, but their logo is referred to as that "flaming asshole" and they've recently merged with a company from a country known for wine and cheese and auto da fes -- that's laid off close to 80,000 employees in the last five years. Spun off from an older parent company, the unnamed saw its stock value rise 892% before all hell broke loose. Current stock price is under $2.50.

When employees are laid off, it's referred to as being FMP'ed for Force Management Program. Apparently that wasn't considered cheery enough because now if you're marked for termination, the new label is Synergy Target.

4 Comments:

Blogger Icepick said...

Hopefully you know of this because of where you live, and not where you work.

10/04/2006 10:37:00 PM  
Blogger bill said...

If by "where you live" you mean "house," then yes.

10/04/2006 11:00:00 PM  
Blogger Icepick said...

Yes, I mean house, as opposed to wallet or bank account.

10/04/2006 11:08:00 PM  
Blogger bill said...

I think we're having a failure to communicate.

10/05/2006 07:21:00 AM  

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