formica parachute

 Unemployment compensation. When U.S. corporations DOWNSIZE, executives often receive GOLDEN PARACHUTES, while rank-and-file employees receive only minimal unemployment compensation.

American business jargon. 2014.

Look at other dictionaries:

  • formica parachute — HR unemployment insurance (slang) …   The ultimate business dictionary

  • Jean Chamoux — is a French photographer who was born in 1925 and started his career during World War II in the Savoyard bush. He first covered the landings by parachute during the Battle of Glières (1st August 1944).He settled in Paris in 1947 and worked… …   Wikipedia

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