The worst euphemism ever for getting fired
Goodbye to handing out pink slips. Now HSBC is 'demising' jobs that are being eliminated. That's about as final as it gets.
Getting fired isn't supposed to be pleasant, but employers always hit upon fancy-footed ways to dance around the painful truth.
Companies traditionally have lowered the boom on employees with terms ranging from "streamlining" to "right-sizing," as well as the venerable pink slip. But now one bank has found what's possibly the most depressing term for losing one's job: getting "demised."
HSBC (HBC) on Tuesday said it's cutting 1,100 jobs, but instead of saying so in plain terms, the bank coined a new way of expressing the firings. "The bank will be demising the roles of 942 relationship managers," the company said in a press release.
If that seems, well, rather a grim term, you're right. "Demise" means to "die, decease" or to "pass by descent or bequest," according to Merriam-Webster.
So how did the bank settle on a term that indicates death?
HSBC likes it because the word suggests that while the jobs are disappearing (OK, dying), the employees aren't all leaving the bank. "It's another way of saying 'the roles will go,'" spokesman James Thorpe told The Wall Street Journal.
Still, that's likely to be cold comfort to the hundreds of "demised" workers, regardless of whether they're shifted to new jobs instead of getting fired.
The announcement created anger and derision among the bank's staff and union representatives, according to the Financial Times. A spokesman for Unite, the sole union representing HSBC employees, told the publication: "We think that playing with words was insensitive and was an insult to people."
Follow Aimee Picchi on Twitter at @aimeepicchi.
"We didn't just kill your job, we demised it, which is totally worse! I guess that tells you what we think of you in no uncertain terms."
Gee, thanks. Bye.
Seriously, how hilariously appropriate that they should choose "demise" as a new euphemism.
"Hi, we're making tons of loot both above and under the table, but we're gonna have to nix a few of you inconvenient peons so that we can fit some more blow into the executive expense budget, so we're gonna 'demise' your job to pull that off, thanks...toodles."
what do you write on a job application when you have been fired? I have struggled with this for over a year of unemployment. It was not all my fault. Not enough hours to adequetly do my job and I encountered sabotage of my job performance. What do you say to get around this. I don't put down my bosses name I use my immediate supervisors instead...hopefully they don't check everything. This whole process has left me with minor PTS and paranoia. I just want to get back to work! Demise, gosh we feel like we die when we lose a job...how insensitive. Banks are run by Satan ...would expect anything less!
Nothing is going to get done until the housing market is fixed... and I don't mean ..."not reporting and not pursuing foreclosures" to inflate the #'s and pretend that things are getting better...
And I don't mean... fixing the #'s for unemployment by not reporting it and/or calling it "job-less rate"
Call a spade a spade... and stop pretending....!
I supported the current administration for the 1st term; and I'm paying a hefty price... After 2 months into the 1st term... me and many others have had to eat those words, votes, ... and some... And I'm being nice about it!
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
[BRIEFING.COM] The major averages have slid to fresh lows after failing to retake their flat lines. The Russell 2000 (-0.9%) continues trailing other indices while the S&P 500 trades lower by 0.5%.
The industrial sector (-1.0%) is the weakest performer at this juncture with Boeing (BA 125.30, -3.24) trading lower by 2.5% after a 777 operated by Malaysia Airlines vanished over the South China Sea during the weekend. Boeing's notable weakness is also contributing to the ... More
More Market News
These financials have thrived during a time of weak loan growth, decreased mortgage production revenues and the end of the Fed's QE program.
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'