With the economy sliding down the tubes, corporate spinmeisters are struggling to come up with new ways to talk about financial woes. Here are a few great linguistic innovations that have come out of the recession so far:
“A retention award” (executive bonus for a government bailed-out bank, via the Huffington Post.)
“Public capital facilitation” (bank nationalization, via the Economist.)
“streamlining and simplification” (Ebay’s layoffs, via Gawker.)
“synergy-related headcount adjustment goal” (Nokia’s layoffs, via Dollars & Sense.)
Sources: Huffington Post, Economist, Gawker, Dollars & Sense
