Welcome to the Financial Times Lexicon

Browse thousands of words and phrases selected by Financial Times editors and suggest new terms for the glossary.

 

Term of the day

boss-napping

Nothing to do with managers caught sleeping at work, but an industrial tactic involving the kidnapping of managers by workers to achieve better terms and conditions or protect jobs.

Boss-napping became commonplace in France in 2009, when managers at Caterpillar, 3M and Sony were all held hostage by their employees demanding fewer lay-offs and better pay.

 

boss-napping in the news

In January 2014, trade union members at a Goodyear tyre plant in northern France took two of their managers hostage in...