layoffs

Meanings

• noun

  The action or process of dismissing employees from a company, especially because it is making substantial cutbacks or cannot afford to keep them.

  - "The company announced layoffs last week due to financial difficulties."
  - "Many employees were surprised by the unexpected layoffs."

• noun

  The state of being dismissed from one's job.

  - "After the layoffs, John had to look for a new job."
  - "The company offered severance packages to help ease the burden of the layoffs."

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Synonyms

downsizing , reduction in force , redundancy

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Rhymes

Words rhyming with layoffs
offloads , loads

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Variants

List of all variants of layoffs that leads to same result
layoff , layoffs

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Etymology

origin and the way in which meanings have changed throughout history.

Layoff comes from the verb 'lay off,' which means 'to release an employee from work.' The term originated in the late 1800s in the United States during the industrial revolution.

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Trivia

Any details, considerations, events or pieces of information regarding the word

1. Layoffs can have a ripple effect on the economy, as those who lose their jobs may have less money to spend, leading to decreased sales for businesses in their community.

2. The term 'layoff' is often used interchangeably with the term 'job loss' or 'termination'.

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Related Concepts

informations on related concepts or terms closely associated with the word. Discuss semantic fields or domains that the word belongs to

1. Downsizing: Downsizing is a type of organizational restructuring that involves reducing the size of a company or organization, often through layoffs.

2. Redundancy: Redundancy is a situation where an employee's job is no longer necessary, leading to their dismissal from the company.

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Culture

Any cultural, historical, or symbolic significance of the word. Explore how the word has been used in literature, art, music, or other forms of expression.

Layoffs are a common occurrence in business and have significant cultural, historical, and symbolic significance. They can lead to increased stress, anxiety, and financial hardship for those affected. Layoffs are often discussed in the context of economic downturns and business restructuring.

How to Memorize "layoffs"

1. visualize
   

   - Visualize a company holding a meeting to announce layoffs, with employees looking worried and uncertain about their future.

2. associate
   

   - Associate the word 'layoffs' with the feeling of uncertainty and anxiety that comes with losing a job.

3. mnemonics
   

   - Use the mnemonic 'Layoffs Lose Jobs' to remember the meaning of the word.

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