Definition of Layoff

Babylon English
layoff
n. act of discharging workers (especially temporarily); period when one is not employed, period of forced inactivity

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Layoff definition was found in categories: Business & Finance(3)  Language, Idioms & Slang(2)  Science & Technology(2)  Entertainment & Music(2)  Encyclopedia(1)  

Layoff Definition from Business & Finance Dictionaries & Glossaries

Campbell R. Harvey's Hypertextual Finance Glossary
Layoff
Used in the context of general equities. Eliminate all or part of a position by finding customers or other dealers to take them.

Raynet Business & Marketing Glossary
Layoff
the elimination of jobs, often without regard to employee performance, usually when a company is experiencing financial difficulties.

Glossary of management terminology
Layoff
1 A permanent firing of one or more employees
2 A temporary firing where the employees may be hired again "We lost some good people in the last layoff"


Layoff Definition from Language, Idioms & Slang Dictionaries & Glossaries

WordNet 2.0
layoff

Noun
1. the act of laying off an employee or a work force
(hypernym) closure, closedown, closing, shutdown
(derivation) furlough, lay off

hEnglish - advanced version
layoff

layoff
n : the act of laying off an employee or a work force



Layoff Definition from Science & Technology Dictionaries & Glossaries

Bureau of Labor Statistics Glossary
Layoff (JOLTS)
A separation of an employee from an establishment that is initiated by the employer; an involuntary separation; a period of forced unemployment

Energy Glossary
LAYOFF
(Electric utility) - Excess capacity of a generating unit, available for a limited time under the terms of a power sales agreement.


Layoff Definition from Entertainment & Music Dictionaries & Glossaries

film and video
Layoff
Transfer of audio and time code from the video edit master to an audio tape.

gambling
Layoff
A bookmaker's bet with another bookmaker made in order to help equalize the excess action he has accepted from his customers.


Layoff Definition from Encyclopedia Dictionaries & Glossaries

Wikipedia English - The Free Encyclopedia
Layoff
A layoff is the termination of employment of an employee or (more commonly) a group of employees for business reasons, such as the decision that certain positions are no longer necessary. Originally the term "layoff" referred specifically to a temporary interruption in work, as when factory work cyclically falls off. However, the term has long been applied also to the permanent elimination of positions as a cost-cutting measure (or for other reasons).

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