All Articles for

Layoff

Layoff (in british and american english), also called redundancy in the uk, is the temporary suspension or permanent termination of employment of an employee or (more commonly) a group of employees for business reasons, such as when certain positions are no longer necessary or when a business slow-down occurs. originally the term layoff referred exclusively to a temporary interruption in work, as when factory work cyclically falls off.


Get the TNW newsletter