layoff
UK: ˈleɪɒf | US: ˈleɪɔːf
n. the termination of employment for a group of workers, typically due to economic reasons
n. a period of inactivity or unemployment
The word "layoff" originated in the early 20th century, combining "lay" (from Old English lecgan, meaning "to place or put down") and "off" (from Old English of, meaning "away"). Initially used in labor contexts, it metaphorically extended the idea of "putting workers away" from their jobs, reflecting economic or organizational changes. The term retains its direct morpheme structure, making it easily analyzable for learners.
The company announced a massive layoff due to declining profits.
After the layoff, she struggled to find a new job in her field.
Seasonal layoffs are common in the tourism industry.
He received three months' severance pay after the layoff.
The union negotiated better terms for workers affected by the layoff.