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Glossary   >   C   >   "Company doctor" Definition            Company doctor A business person who specialises in turning round companies in deep trouble.The term was fashionable in the 1980s when there were some high profile examples of companies in terminal condition that were rescued by having a company doctor parachuted in. Usually a visit from a company doctor is accompanied by much bloodletting in the form of employee "downsizing". Glossary    Dictionary Search (powered by Google) WWW ITLOCUS.COM GLOSSARY.ITLOCUS.COM Translate a web page (powered by Google)      to German Spanish French Italian Portuguese Japanese Korean Chinese

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Company doctor - A business person who specialises in turning round companies in deep trouble.The term was fashionable in the 1980s when there were some high profile examples of companies in terminal condition that were rescued by having a company doctor parachuted in. Usually a visit from a company doctor is accompanied by much bloodletting in the form of employee "downsizing".