The phenomenon of when you're about to be fired, but then the employer backtracks and FiHires you. This is a good way to get a $2/hour raise.
Boss: "Hey, if you're going to show up late and them complain about work, we don't need you around here, you're fired."

The boss then sees how much work he'll have to do that was previously assigned to the fired employee.

Boss: "I didn't say you're fired, I said you're FiHired"
by Anomynom May 24, 2018
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The fenomenon of when an employee is about to get fired, but then in an attempt to backtrack the employee is then FiHired.
Boss: "Hey, if you're going to show up late and then complain about work, we don't need you around here, you're fired."
After the boss saw how much work he would have to do because he fired the employee, he then backtracks.
Boss: "I didn't say you're fired, I said you're FiHired"
by Anomynom May 24, 2018
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Ignoble business practice in which an employee is given the option to choose between being fired or accepting a lower possition with less pay and status. The employee usually takes whatever is offered, since in this day and age the prospect of being left on the streets is frankly terrifying. The term comes from the contraction of fired and hired. Also know as Schrödinger's Contract, since at some point of the process you have a job and lack one at the same exact time.
- You hear about Merrin? He was called to the managers office and offered to either gather his things and leave or accept an internship post.
- Bastards. They fihired him alright...
by Merrin January 13, 2013
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