die Stellenstreichung
Translation
job cut, layoff
Examples
Die Firma plant eine große Stellenstreichung.
The company is planning a major layoff.
Viele Mitarbeiter sind von der Stellenstreichung betroffen.
Many employees are affected by the layoffs.
Grammar Patterns
to announce/plan layoffs ((sth.)) Die Firma kündigt Stellenstreichungen an.
Similar Words
Jobabbau (job reduction), Kündigungswelle (wave of dismissals)
Etymology
A compound of 'Stelle' (position) and 'Streichung' (deletion), from 'streichen' (to strike out).
Memory Tips
Imagine 'striking' (streichen) 'positions' (Stellen) off a company's roster.