I work for an American company and the American are very much into using them. I sat through a class once an I wrote down 50 or so acronyms that were used in the space of two hours...I didn't know what any of them meant. I have often gone to meetings where they are being use all the time.... When questioned about what they stood for I found that many didn't know. The acronym had literally replaced the words.
Oh and in answer to the question...yes I am newish on here.
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