Layoff
/ˈleɪˌɔf/
Definitions
- (n.) The act of terminating employees usually temporarily due to business conditions.
The company announced a layoff of 200 workers due to budget cuts.
Forms
- layoffs
Related terms
See also
Commentary
Layoff typically implies a non-disciplinary termination often linked to economic downturns or organizational changes.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.