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layoff

[ˈleɪɒf]

layoff Definition

the act of dismissing employees, especially temporarily, because there is not enough work for them to do.

Using layoff: Examples

Take a moment to familiarize yourself with how "layoff" can be used in various situations through the following examples!

  • Example

    The company announced a layoff of 500 workers due to financial difficulties.

  • Example

    Many employees were worried about the possibility of a layoff.

  • Example

    The union negotiated better severance packages for workers facing layoffs.

  • Example

    The restaurant had to close temporarily and put its staff on layoff.

layoff Synonyms and Antonyms

Phrases with layoff

  • a situation where an employee is dismissed from their job permanently due to reasons such as downsizing or bankruptcy

    Example

    The company had to make a permanent layoff of several employees due to financial difficulties.

  • a situation where an employee is dismissed from their job temporarily due to reasons such as lack of work or seasonal fluctuations

    Example

    The factory announced a temporary layoff of its workers due to a decrease in demand for its products.

  • a situation where a large number of employees are dismissed from their jobs at the same time, usually due to reasons such as restructuring or bankruptcy

    Example

    The airline industry experienced a mass layoff of employees during the COVID-19 pandemic.

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Summary: layoff in Brief

The term 'layoff' [ˈleɪɒf] refers to the act of dismissing employees, especially temporarily, due to lack of work. It is often used in phrases like 'permanent layoff,' which denotes a permanent dismissal, and 'mass layoff,' which refers to a large-scale dismissal. 'Layoff' has become a common term in the context of economic downturns and seasonal fluctuations.