Related Terms
Suspension or termination of employment (with or without notice) by the employer or management. Layoffs are not caused by any fault of the employees but by reasons such as lack of work, cash, or material. Permanent layoff is called redundancy.

Use 'layoff' in a Sentence

The layoff rate at the place was really high and it made me reticent to get a job there, because I would probably be fired..
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The layoff was unexpected but everyone was prepared for such an event so there were no devastating consequences from it.
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Sometimes if your company is in a down turn you may have to layoff some employees even though you think they have been doing good work,
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