corporate anorexia

American  

noun

1. a condition or state in which a corporation has cut costs or employees to the point of endangering the business.

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corporate anorexia British  

noun

1. a malaise of a business organization resulting from making too many creative people redundant in efforts to cut costs

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Etymology

Origin of corporate anorexia

First recorded in 1985–90

Example Sentences

While some cost-conscious companies like Compaq have avoided this so-called corporate anorexia and increased hiring after getting their costs down and their market share up, others are acting more like American Express.

From Time Magazine Archive