die Stellenstreichung
Translation
job cut, redundancy, layoff
Examples
Die Firma plant eine große Stellenstreichung.
The company is planning a major job cut.
Viele Mitarbeiter sind von der Stellenstreichung betroffen.
Many employees are affected by the job cuts.
Grammar Patterns
to announce/plan job cuts ((et4)) Die Firma kündigt Stellenstreichungen an.
Similar Words
Jobabbau (job reduction), Kündigungswelle (wave of dismissals)
Etymology
Composed of 'Stelle' (position) and 'Streichung' (cancellation, deletion), from the verb 'streichen' (to strike, to cross out).
Memory Tips
Picture 'striking out' or 'crossing out' (streichen) 'jobs' (Stellen) from a list.