What does laid-off mean?

Definitions for laid-off
laid-off

This dictionary definitions page includes all the possible meanings, example usage and translations of the word laid-off.

Princeton's WordNet

  1. discharged, dismissed, fired, laid-off, pink-slippedadjective

    having lost your job

Wiktionary

  1. laid-offadjective

    Bet with another bookmaker to reduce risk.

  2. laid-offadjective

    Made unemployed or redundant.

Wikipedia

  1. laid-off

    A layoff or downsizing is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) for business reasons, such as personnel management or downsizing (reducing the size of) an organization. Originally, layoff referred exclusively to a temporary interruption in work, or employment but this has evolved to a permanent elimination of a position in both British and US English, requiring the addition of "temporary" to specify the original meaning of the word. A layoff is not to be confused with wrongful termination. Laid off workers or displaced workers are workers who have lost or left their jobs because their employer has closed or moved, there was insufficient work for them to do, or their position or shift was abolished (Borbely, 2011). Downsizing in a company is defined to involve the reduction of employees in a workforce. Downsizing in companies became a popular practice in the 1980s and early 1990s as it was seen as a way to deliver better shareholder value as it helps to reduce the costs of employers (downsizing, 2015). Research on downsizing in the US, UK, and Japan suggests that downsizing is being regarded by management as one of the preferred routes to help declining organizations, cutting unnecessary costs, and improve organizational performance. Usually a layoff occurs as a cost-cutting measure.

ChatGPT

  1. laid-off

    Being laid-off refers to the temporary or permanent termination of employment of an employee or group of employees by a company due to reasons like economic conditions, restructuring, company closure, or lack of work. This action is usually not based on employee performance or misconduct. In some cases, laid-off employees may be eligible for severance pay, continuation of benefits, or unemployment compensation.

How to pronounce laid-off?

How to say laid-off in sign language?

Numerology

  1. Chaldean Numerology

    The numerical value of laid-off in Chaldean Numerology is: 5

  2. Pythagorean Numerology

    The numerical value of laid-off in Pythagorean Numerology is: 8

Examples of laid-off in a Sentence

  1. Nicholas Colas:

    These aren't Robinhood traders, they are executives trying to figure out the right amount of cash in the bank in case they get laid off.

  2. Julian Castro:

    Go and just ask the folks that just received notice that they are going to get laid off by General Motors, or ask the many folks who are sleeping on the streets in big cities and small towns across the United States, or ask fast-food workers that I joined a couple of weeks ago that are working for minimum wage and can't provide for their families or pay the rent.

  3. Vishal Garg:

    If you're on this call, you are part of the unlucky group that is being laid off, your employment here is terminated, effective immediately.

  4. Ernie Tedeschi:

    That is entirely appropriate given that the whole point of the lockdown is that we don't want people going to work, we don't want people interacting with one another, so how can we expect them to find jobs if they've been laid off ?

  5. Dad Russell Bleck:

    Baby Asher is now almost 4 months old, we had to move from Kentucky after I was laid off from my job [ recently ].

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"laid-off." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/laid-off>.

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