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
So, just one year after the mass layoff, Southwest Key is racing to keep up with a new boom.
Initial jobless claims, a proxy for layoffs across the U.S., decreased by 4,000 to a seasonally adjusted 218,000 in the week ended June 9, the Labor Department said Thursday.
The dates listed for the layoffs are Dec. 31 through March 2019.
Age disparities in job cuts don't necessarily violate federal law if employers can show employers selected employees for layoffs based on factors other than age.
Plans for fewer layoffs had divided senior executives and left investors unconvinced, people familiar with internal bank discussions told WSJ.
The Baltimore school board voted 6-2, with one abstention, to pass next school year’s $1.3 billion operating budget, which manages to avoid a call for layoffs but includes steep cuts for the city’s public charter schools.
In the letter to the state, the only reason the company gave for the layoffs was a business reorganization.
Rather than cultivating a reputation for hard-hitting news, Alden has become known for layoffs.
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.
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
lay off Synonyms
have done with, put the kibosh on;
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
Definition of layoff for English Language Learners
: the act of ending the employment of a worker or group of workers
: a period of time during which there is no activity
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