Examples of layoff in a Sentence
The company announced the layoff of several hundred employees.
More layoffs are expected at the factory later this year.
The band finally has a new album after a three year layoff.
a layoff of three years
Recent Examples of layoff from the Web
By summer, Under Armour hired a new president, Patrik Frisk, a former executive for the parent of Timberland and The North Face, who reports to founder and CEO Plank, and announced a restructuring that included 280 layoffs.
How can an organization be making money, have a significant financial cushion and yet still be planning for layoffs in the coming year?
That’s about eighteen times more retail layoffs than coal industry saw in the same span.
In fact, the tight budget raises the prospect of layoffs.
The layoffs are in addition to 6,500 job cuts, mostly in Europe, that GE Power announced in early 2016 shortly after the Alston purchase closed.
This is the second round of layoffs at Fullscreen in the last three months.
The layoffs were primarily in engineering and engineering support, Cornell said.
However, the merger may mean hundreds of layoffs at Dynegy's downtown Houston headquarters, which will shutter after the deal closes.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'layoff.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
First Known Use of layoff
Definition of lay off
- wish you'd just lay off
Examples of lay off in a Sentence
you need to lay off eating those jelly doughnuts, or you'll end up looking like one
First Known Use of lay off
lay off Synonyms
Synonymsbreak, break off, break up, can [slang], cease, cut off, cut out, desist (from), discontinue, drop, end, give over, halt, knock off, stop, leave off, pack (up or in), quit, shut off
Related Wordscomplete, conclude, finish; close (down); deactivate; block, blockade, dam, delay, detain, hinder, hold, hold back, impede, kibosh, obstruct, stem; call, suspend; arrest, brake, check, clamp down, rein (in), squash, squelch, stamp, stanch (or staunch), stunt, suppress, turn back; pause, stay, suspend; abolish, abort, annul, demolish, destroy, dissolve, kill, ruin, scuttle, snuff
Near Antonymscarry on, continue, follow through (with), keep up, run on; advance, proceed, progress; actuate, drive, impel, propel, stir
Financial Definition of LAYOFF
What It Is
A layoff is a temporary or permanent termination of employment by an employer.
How It Works
Let's say John Doe works for Company XYZ. He has worked there for 15 years. Company XYZ begins having cash flow problems and has to reduce its labor expense in order to avoid going out of business. In turn, it decides to shed 1,000 workers, of which John is one. This mass termination is called a layoff.
A layoff is not the same as being fired. Firings typically occur when an employee is at fault or has disobeyed company policies; terminations are not necessarily a direct reflection of a particular employee's performance (although it takes a village to wreck a company).
Why It Matters
From an investing standpoint, layoffs indicate a struggling company and thus are red flags for their investors. Layoffs can be surprises to people, and they are one of many reasons that investors should have emergency funds on hand at all times.
However, people often get some indication that a layoff is coming. The federal Worker Adjustment and Retraining Notification (WARN) Act requires employers to provide 60 days' notice (sometimes more) of plant closings and mass layoffs. However, this applies to companies with more than 100 employees (and that 100 generally cannot include people who have been with the company for fewer than six months or part-timers).
LAYOFF Defined for English Language Learners
Seen and Heard
What made you want to look up layoff? Please tell us where you read or heard it (including the quote, if possible).