layoff
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3 ENTRIES FOUND:

lay·off

noun \ˈlā-ˌf\

Definition of LAYOFF

1
: a period of inactivity or idleness
2
: the act of laying off an employee or a workforce; also : shutdown

Examples of LAYOFF

  1. The company announced the layoff of several hundred employees.
  2. More layoffs are expected at the factory later this year.
  3. The band finally has a new album after a three year layoff.
  4. a layoff of three years

First Known Use of LAYOFF

1889

Related to LAYOFF

Synonyms
ax (or axe), discharge, dismissal, furlough, redundancy [chiefly British]

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