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layoff

 

Definitions from WordNet

Noun layoff has 1 sense
  1. layoff - the act of laying off an employee or a work force
    --1 is a kind of
    closure, closedown, closing, shutdown
    Derived form: verb lay off2

Definitions from the Web

Layoff:

Noun

1. The act of dismissing or suspending employees, usually due to economic reasons or organizational restructuring.

Example sentence: After the company experienced a significant drop in revenue, they had to implement a massive layoff, leaving hundreds of employees without a job.

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Verb

1. To dismiss or suspend employees from their jobs.

Example sentence: Unfortunately, the struggling business had no choice but to layoff a significant portion of its workforce in order to stay afloat.

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Additional Senses/Usages:

1. (Local) A temporary suspension of work or activities, such as a strike or shutdown.

Example sentence: Due to the ongoing labor dispute, the factory declared a layoff, causing production to come to a halt.

2. (Popular) A break or interval, especially in a musical performance.

Example sentence: The band took a short layoff between songs to catch their breath and tune their instruments.

Related products on Amazon: Music interval timers, Tuning forks

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