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layoff

   Also found in: Financial, Encyclopedia, Wikipedia, Hutchinson 0.46 sec.
lay·off  (lôf, -f)
n.
1. The act of suspending or dismissing an employee, as for lack of work or because of corporate reorganization.
2. A period of temporary inactivity or rest.
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.layofflayoff - the act of laying off an employee or a work force
closedown, shutdown, closing, closure - termination of operations; "they regretted the closure of the day care center"

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Amidst all the doom and gloom predictions of big layoffs sweeping through the Southern California economy following Boeing's announcement, the impact on the more than 600 local suppliers for the C-17 appears at first blush to be fairly minimal.
This spring, his first book, The Disposable American, appeared, expanding on his series, describing how massive layoffs hurt individual workers, their families, their companies and their communities.
According to an Associated Press report, the Independent Steelworkers Union has received official notification from Mittal Steel of the layoffs of approximately 800 workers, another step in the company's plan to permanently shut down the Weirton facility.
 
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