Synonyms for
Layoffs
Definition
The act of dismissing employees, temporarily or permanently, because there is no longer enough work for them to do.
Synonyms & similar words
Example sentences
- The layoffs at the factory were due to a decrease in demand for the product.
- After the merger, there were several layoffs as the company streamlined its operations.
- The company offered the employees a generous severance package after the layoffs.
- The layoffs were a difficult decision, but necessary to keep the company afloat.
- The management team held a meeting to discuss the upcoming layoffs.
Quotes
Layoffs are never easy, but they have become a way of life in modern business.
Layoffs are the hardest part of the job for any CEO.
Layoffs are a painful but necessary part of the business cycle.