What does laying off mean?

Definitions for laying off
lay·ing off

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


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Wikipedia

  1. laying 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.

Dictionary of Nautical Terms

  1. laying off

    The act of delineating the various lines of a ship to the full size on the mould-loft floor, from the draught given.

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Numerology

  1. Chaldean Numerology

    The numerical value of laying off in Chaldean Numerology is: 1

  2. Pythagorean Numerology

    The numerical value of laying off in Pythagorean Numerology is: 5

Examples of laying off in a Sentence

  1. Mark Zandi:

    Last week it was all about stopping hiring. This coming week it will be about laying off workers.

  2. Carlos Beltran:

    I feel good at the plate, i'm seeing the ball good, I feel calm. I'm laying off bad pitches and swinging at good pitches.

  3. Ryan Sweet:

    The general message from the labor market is that businesses are cutting back on hiring, but they are not laying off workers and that is important, consumers are what's keeping the economy moving at this point.

  4. Louis Gelormino:

    And that says great things about our ability to have a safe school system and keep everything moving. how can laying off or suspending 28,000, and that's not an exaggerated number, DOE employees not have an effect on the New York City schools, which don't run very efficiently in the best of times.

  5. Gerry Connolly:

    What would happen tomorrow in the wake of this pandemic if The Postal Service announced tomorrow that they were going out of businesses and they were laying off all their workers ?

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"laying off." Definitions.net. STANDS4 LLC, 2024. Web. 6 Oct. 2024. <https://www.definitions.net/definition/laying+off>.

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