Layoff

What is Layoff?


1.

The practice used by marginally profitable companies to compensate for ineffective management by releasing people from their employment.

Even after the layoff, the company still could not get into the black.

See fired, dismissed, hired, unemployed

2.

Means to be fired from the job

The company about to layoff 100,000 employees.

See layoff, firing, fire, company, employees


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