The world of business acronyms, euphemisms and expressions that people use at work can be very confusing so ProsperingServant.com would like to help define the terms you hear on the job by proudly offering the Friday edition of our Watercooler Word of the Day. Today’s word (or in this case phase) is….
Budget Cuts - A cost cutting strategy where a company reduces or eliminates spending on critical items needed by lower level workers in order that wasteful spending on the perks and pet projects of senior management may continue.
Stumble it!
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