en
layoff
/ˈleɪˌɒf/
Definition
1
The permanent or temporary dismissal of a group of employees from a company, typically due to economic downturns, restructuring, or downsizing.
2
A temporary suspension or break from work, activity, or competition, as in sports.
Examples
After the massive layoff, Dave pivoted to his side hustle of reviewing vending machine snacks.
The tech startup's layoff hit just as the ping-pong table arrived, leaving only the CEO to play singles.
Surviving the layoff felt like winning the office lottery, except the prize was more unpaid overtime.
During the layoff meeting, HR handed out branded stress balls that immediately became collector's items.