Layoff | Mean of layoff in English Dictionary

/ˈleɪˌɑːf/

• Noun
• the act of ending the employment of a worker or group of workers
1. The company announced the layoff of several hundred employees.
2. More layoffs are expected at the factory later this year.
• a period of time during which there is no activity
1. The band finally has a new album after a three year layoff.
2. a layoff of three years