decruitment, n. the dismissal by a company of employees “who are no longer needed.” Formerly known as redundancy. Delightful neologistic synonyms include “uninstalling” and the now veteran “downsizing”.
People don’t “get the sack” any more. This is because that expression has a negative ring which detracts from the wholly positive phenomenon of people losing their jobs – fluid labour market, capitalism is dancing à go-go. Just ask these ‘80s dole-queuers.
Example: “Cuts will inevitably involve some decruitment, Fabio, but going forward, we will be a leaner, meaner and stronger operation because of it.”