1 definition by Sir Rutherford

Buzz word used by today's large American employers in years 2009+, where jobs and industry are being offshored or moved overseas.

Basically this is an early warning to employees, and it stands for

Gonna Lay Off Buttloads And Lie

Make preparations in advance after hearing this word! There will soon be alot less people working at the company, and likely one of them is YOU.
Manager: "ComTech is moving toward becoming a GLOBAL corporation."

Manager: "We have started a new GLOBAL hiring initiative."
de Sir Rutherford 27 janvier 2011

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