The process where a corporation reorganises or restructures the business by means of cutting costs, rducing the work force or altering upper level management.
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A trick variously practiced. One mode is as follows, the cir- cumstances being taken from 2 East, P. C. 678: The prisoner, with accomplices, being with their victim, pretend to find a ring wrapped in paper, appearing to be a jeweler’s receipt for a “rich, brilliant diamond ring.” They offer to leave the ring with the victim if lie will deposit some money and his watch as a security. lie lays down his watch and money, is beckoned out of the room by one of the confederates, while the others take away his watch, etc. This is a larceny.