head count reduction

head count reduction
   the dismissal of numbers of employees
   Not a diminution in the frequency of counting them. Commercial jargon where a decision is made to reduce numbers either peremptorily or over a period:
    He said 891 staff had left in the first quarter, bringing the total headcount reductions to 2,041. {Daily Telegraph, 10 February 1999, writing about BOC)

How not to say what you mean: A dictionary of euphemisms. . 2014.

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