layoff

noun

The act of letting workers go because of budget cuts or lack of work, not because they did anything wrong.

Example sentences

“After the layoff, he spent three months searching for a new job.”
“The factory announced another round of layoffs this morning.”

A layoff is job loss without fault; being 'fired' implies wrongdoing. Announcements soften it further with 'restructuring'.

Synonyms for layoff

job cut
downsizing

Antonyms

hiring

Related words

resignTo formally give up a job or position by choice.demotionA move down to a lower position, rank, or level.recruitTo find and sign up new people for a job, team, organization, or the military.raiseExtra money added to your regular pay by your employer, usually as a lasting change.candidateSomeone trying to win an election or be chosen for a job or position.pensionRegular payments made to someone after they retire from work or military service.