×
The Profit

» more from The Profit

Right-sized

In 2014, nobody gets fired any more. Your position may be eliminated, and you may no longer be with the company, but nobody will come out and say "you're fired." According to Michael W. Byrnes Jr., president of Byrnes Consulting in Kingston, Mass., that nasty term has been replaced by such impersonal euphemisms as "downsized" and "right-sized."

"The reality is that an organization is having a layoff or firings, and the term 'downsized' in some ways sugarcoats what is taking place," he said. "There should be a word that stands for 'let go by a company because the company is failing.' Something like 'corporate-failure-sized.'"

Troels Graugaard | E+ | Getty Images