It's Lies! All Lies!
Those legendary business stories could be just that.
Even if you plan to lay off employees, you're probably not handing out real pink slips. No known company has ever handed anybody an actual pink slip.
Peter Liebhold, a curator at the Smithsonian's National Museum of American History, has been searching for the origins of the term for over a decade. So far, he's had no luck. The term is used in a novel as early as 1915, but there's no historical record of an actual pink dismissal form.
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