decruit

decruit
 v.— «Dismissals, retrenchment and the like are so 20th century, notes reader Kevin Ryan. The latest corporate buzz word according to Forbes magazine is “decruiting”—defined as getting rid of those surplus senior managers.» —“Loose change” by James Cockington Sydney Morning Herald (Australia) Apr. 17, 2006. (source: Double-Tongued Dictionary)

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Further reading

Smarmy, A Winner of a Word?

According to Gobsmacked: The British Invasion of American English (Bookshop|Amazon) by Ben Yagoda, the word smarmy, meaning “unctuous” or “ingratiating,” may come from a 19th-century magazine contest, in which readers sent in...