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layingoff

 

Definitions from the Web

Laying off

Part of Speech: Verb

Sense: To terminate the employment of employees, usually due to economic reasons.

Usage:

  • The company is considering laying off several workers due to declining sales.
  • During difficult times, some organizations resort to laying off employees as a cost-cutting measure.
  • After the merger, the company announced it would be laying off a significant number of employees.

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