This has multiple meanings in the corporate world but the primary use of the word means to reduce the number of workers through layoffs–often referred to as “cutting off the fat.” The less common uses reference Lean Six Sigma–the process improvement methodology and Lean Startup—a mythology of creating a new company quickly

“As you all know, we have experienced three consecutive quarters of negative growth and missing our Wall Street targets. Therefore, the Senior Leadership Team and Board of Directors have made the decision to make our organization more LEAN in order to reflect the reality of our current position in the market.”

Note from Steele: “to put it plainly, a lot of folks are about to get canned.”

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