The company calls it 'downsizing' or 'rightsizing. ' My own informal "Name the Layoff" contest produced some other euphemisms: Retroactive Hiring Freeze, Resume Revision Days, Amway Opportunity Time, and Corporation Lite.
Weddings in our society seem designed to reduce the bride and groom to precisely the condition of those who, because they 'lack sufficient use of reason,' are 'incapable of contracting marriage,' according to canon law.