1.
Musical chairs is a game that children play at parties. They run round a row of chairs while music plays and try to sit down on one when the music stops.
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2.
If you describe the situation within a particular organization or area of activity as musical chairs , you are critical of the fact that people in that organization or area exchange jobs or positions very often.
It was musical chairs. Creative people would switch jobs just to get more money.
N-UNCOUNT [ disapproval ]