Find out the meaning of a new business word: Bloatation
What it means: Filling non-essential positions instead of recruiting core staff. It usually occurs just before bankruptcy.
What it means: Filling non-essential positions instead of recruiting core staff. It usually occurs just before bankruptcy.
Origin: 'Bloatation' originally meant a "bloated quality or state". In business, the word gained popularity after the dotcom bubble burst in 2000/01.
Usage: The bloatation in the company led to its downfall.
