doom loop n.— «Companies that don’t go through this process will be facing even greater risks. Startups that rely solely on cutting could head into a downward spiral if revenue doesn’t increase enough to offset low margins. That could...
sticky-wage theory n.— «The reason is something called the sticky-wage theory. Economists have long been puzzled by the fact that most businesses simply will not cut their workers’ pay, even in a downturn. Businesses routinely lay...
off-air reporter n.— «Mr. Conroy, whose job title is “off-air reporter,” (because he does not normally appear on television) is one of many young journalists hired by the networks to follow the candidates across the country, filing video...
low-touch adj.— «The company’s approach is so automated that each batch printed of material requires less than 60 seconds of human involvement. The low-touch approach is partly why VistaPrint charges an average of about $40 for an order...
gold-plating n.— «And he warned against the practice known as “gold-plating,” whereby national rules are made more complicated than the original proposal from Brussels. “National regulators and governments must be...
glass pipeline n.— «Becoming more open with schedules and plans with the carrier community is another way to deliver a more cost-effective transportation network, says Gustafson. “We call that the glass pipeline. The more we can see of...