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layoff

layoff /ˈleɪˌɑːf/ noun
plural layoffs
layoff
/ˈleɪˌɑːf/
noun
plural layoffs
Britannica Dictionary definition of LAYOFF
[count]
: the act of ending the employment of a worker or group of workers
see also lay off at 1lay
: a period of time during which there is no activity