An employee layoff is a situation where employees are terminated due to business or any existing crisis. Visit our glossary of HR terms now. 1. Cost reduction. One of the main reasons why workers get laid off is because the company decides to cut back on costs in some way. The need can arise from the. LAYOFF meaning: 1: the act of ending the employment of a worker or group of workers; 2: a period of time during which there is no activity. Laid-off is an adjective used to describe someone who has been released from employment. It comes from laid off, the past tense of the verb lay off, meaning. When a company informs a group of workers that their employment is terminated, it's called a layoff. In most cases, layoffs are a way for a business to save.
lay off · 1. Terminate a person from employment. · 2. Mark off the boundaries, as in Let's lay off an area for a flower garden. · 3. Stop doing something, quit. A layoff is generally considered a separation from employment due to a lack of work available. The term "layoff" is mostly a description of a type of. 1. phrasal verb. If workers are laid off, they are told by their employers to leave their job, usually because there is no more work for them to do. [business]. Define A layoff. means a permanent or temporary reduction in the workforce due to position abolishment or reduction in hours of work of a permanent. Lay-off definition: (of an employer) To dismiss (workers) from employment, e.g. at a time of low business volume, often with a severance package. Reducing a professional staff position's percent time or months worked per year are not subject to the layoff process. (NOTE for SEIU bargaining unit. noun · the act of dismissing employees, especially temporarily. · a period of enforced unemployment or inactivity. lay off · verb as in stop doing. Compare Synonyms. Synonyms Antonyms. Weak matches. cease · desist · end · give a rest · halt · leave alone · leave off · let up. Find the legal definition of LAYOFF from Black's Law Dictionary, 2nd Edition. Employment suspension or termination with or without notice due to no fault of. A layoff, also known as employee reduction, is the downsizing of an organization's workforce by suspension or permanent termination of a worker or group of. WordWeb Online · Put an end to a state or an activity "lay off teasing your little brother"; - discontinue, stop, cease, give up, quit, surcease [archaic].
A layoff is a suspension or permanent termination of employment of workers by their employer. A layoff does not occur because workers did something wrong. an occasion when a company stops employing someone, sometimes temporarily, because the company does not have enough money or enough work: The recent economic. used to tell someone to stop doing something Lay off me will you—it's got nothing to do with me. lay off doing something Lay off bullying Jack. Laid off meaning is that the company intends to eliminate a position, and the employee who occupied that position must now depart from the company. When an. A layoff is the temporary or permanent termination of a worker's employment for reasons unrelated to the individual's performance on the job. How does a layoff work? Layoffs are terminations due to no fault of the employee, i.e. not based on performance. They are usually permanent, although some. A layoff or downsizing is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective. verb. tr, adverb to suspend (workers) from employment with the intention of re-employing them at a later date. the firm had to lay off men. lay off · lay off phrasal verb · 1 lay somebody ↔ offLEAVE A JOB OR ORGANIZATION to stop employing someone because there is no work for them to do → lay-off.
A layoff refers to the suspension or termination of employment of workers by their employer. Layoffs do not occur because workers did something wrong. When employers lay off workers, they end their employment, usually because the company is cutting costs. Definition of lay off phrasal verb in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes. Laid off. Fired. Sacked. Let go. No matter which words you use to describe losing your job, it can be a complicated and stressful situation—not to mention. Where does the noun lay-off come from? The earliest known use of the noun lay-off is in the s. OED's earliest evidence for lay-off is from , in Gallup.
Permanent Layoffs: When a company terminates an employee's job due to a business or department reduction, restructuring, or closure. Usually, the termination is. Lay off ; to dismiss employees due to financial difficulties or reduced workload. synonyms. furlough · company laid off ; to stop doing or consuming. Example sentences. — I heard General Electric is going to lay off 1, workers this week. — My dad had worked for his company for almost 20 years when they. Lay off. Browse Terms By Number or Letter: In the context of general equities, this eliminates all or part of a position by finding customers or other dealers.
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