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People Reduce Headcount Lay Fire Workers Lucent's Business

Idiom (to) reduce headcount
Meaning to lay off or fire workers
Example
When Lucent's business was in trouble, they announced they would reduce headcount by at least 10,000 employees.

note: "Headcount" is the number of people who work at an organization. Many companies do not like to say that they are "laying people off' as it can sound cold and insensitive. After all, people are involved. "Reducing headcount" gets around this problem. It sounds less personal and more scientific.

synonym: to downsize

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