LAYOFF

layoff

(noun) the act of laying off an employee or a work force

Source: WordNet® 3.1

Etymology

Noun

layoff (plural layoffs)

(chiefly US) A dismissal of employees from their jobs because of tightened budgetary constraints or work shortage (not due to poor performance or misconduct).

A period of time when someone is unavailable for work.

(British, football) A short pass that has been rolled in front of another player for them to kick.

Synonyms

• (dismissal of employees): downsizing, reduction in force, redundancy

Anagrams

• Offaly, offlay

Source: Wiktionary