Vocabulary:Changing Job

A. = Adjective ADV. = Adverb IDM. = Idiom N. = Noun V. = Verb
to be bought out	V. to be purchased, taken over by another company
to be laid off	V. to lose your job because the company wants to reduce the number of employees
competitive	A. 1) liking competition, always competing with other people used to describe personalities 2) having intense competition used to describe markets, industries or businesses
dedicated	A. 1) very loyal 2) working hard for a person, company or idea
to downsize	V. to reduce the number of employees in a company in order to lower costs
to get rid of	V. to throw away, remove, eliminate something or someone
outdated	A. too old, antiquated
to retrain	V. to reeducate someone for a job, train again
to streamline	V. 1) to form into a smooth shape which can easily move through air or water 2) to improve the performance of something 3) to simplify a process
to update	V. to make more modern
an update	N. the latest information or news