Usually means: Termination of employees for economy.
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We found 31 dictionaries that define the word layoff:

General (19 matching dictionaries)
  1. layoff: Merriam-Webster
  2. layoff: Oxford Learner's Dictionaries
  3. layoff: American Heritage Dictionary of the English Language
  4. layoff: Collins English Dictionary
  5. layoff: Vocabulary.com
  6. Layoff, layoff: Wordnik
  7. layoff: Cambridge Advanced Learner's Dictionary
  8. layoff: Wiktionary
  9. layoff: Webster's New World College Dictionary, 4th Ed.
  10. layoff: The Wordsmyth English Dictionary-Thesaurus
  11. layoff: Infoplease Dictionary
  12. layoff: Dictionary.com
  13. layoff: Cambridge Essential American English Dictionary
  14. Layoff: Wikipedia, the Free Encyclopedia
  15. layoff: Rhymezone
  16. layoff: FreeDictionary.org
  17. layoff: Mnemonic Dictionary
  18. layoff: TheFreeDictionary.com

Art (1 matching dictionary)
  1. ODLIS: Online Dictionary of Library and Information Science (No longer online)

Business (7 matching dictionaries)
  1. MoneyGlossary.com (No longer online)
  2. INVESTORWORDS (No longer online)
  3. Layoff: Investopedia
  4. Dictionary of Management Jargon (No longer online)
  5. layoff: Legal dictionary
  6. Layoff: Financial dictionary
  7. BusinessDictionary.com (No longer online)

Computing (1 matching dictionary)
  1. layoff: Encyclopedia

Slang (1 matching dictionary)
  1. layoff: Urban Dictionary

Tech (2 matching dictionaries)
  1. Energy Terms (No longer online)
  2. Sweetwater Music (No longer online)

(Note: See layoffs as well.)

Definitions from Wiktionary (
)
American English Definition British English Definition
noun:  (chiefly US) A dismissal of employees from their jobs because of tightened budgetary constraints or work shortage (not due to poor performance or misconduct).
noun:  A period of time when someone is unavailable for work.
noun:  (British, soccer) A short pass that has been rolled in front of another player for them to kick.
noun:  A bet that is laid off, i.e. placed with another bookmaker in order to reduce risk.

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