lay-offs
Workforce reduction moves
Lay-offs are terminations of employment, typically when a company reduces its workforce for economic reasons rather than employee performance.
Unlike firings, lay-offs imply the job itself has been eliminated: The factory announced lay-offs affecting three hundred workers.
The singular layoff (usually unhyphenated) refers to an individual termination or the act generally.
Rearranging an existing framework
- downsizingReducing workforce or scale
- cost-cuttingReducing expenditures deliberately
- outsourcingThird-party task delegation
- mergersCorporate consolidations
acquisitions · streamlining · reorganization · offshoring · divestiture · consolidation · rightsizing · headcount
Termination pay or disconnection
- dismissalRemoval from position
- firingTerminating employment
- redundancyNeedless duplication
- sackedDismissed from a job
axed · terminated · discharge · notice · package · outplacement · clearance · escort
Prolonged economic decline
- unemploymentBeing without paid work
- depressionProlonged low state
- austerityEnforced economic stringency
- stagnationAbsence of flow or progress
crisis · inflation · fiscal · downturn · stimulus · bailout · deficit · tariffs
Lacking paid employment
- unemployedWithout a job
- displacedShifted from proper location
- furloughedGranted mandatory unpaid leave
- redundantExceeding what's needed
out-of-work · jobseeker · claimant · benefits · welfare · underemployment · retraining · reskilling
Persistent apprehensive distress
- uncertaintyState of being unsure
- shockViolent sudden disturbance
- stressPressure, mental or vocal
- moraleGroup emotional well-being
fear · insecurity · devastation · betrayal · dignity · support · counseling · coping
restructuring
Rearranging an existing framework
- downsizingReducing workforce or scale
- cost-cuttingReducing expenditures deliberately
- outsourcingThird-party task delegation
mergers · acquisitions · streamlining · reorganization · offshoring · divestiture · consolidation · rightsizing · headcount · reengineering
severance
Termination pay or disconnection
- dismissalRemoval from position
- firingTerminating employment
- redundancyNeedless duplication
sacked · axed · terminated · discharge · notice · package · outplacement · clearance · escort · handover
recession
Prolonged economic decline
- unemploymentBeing without paid work
- depressionProlonged low state
- austerityEnforced economic stringency
stagnation · crisis · inflation · fiscal · downturn · stimulus · bailout · deficit · tariffs · sanctions
jobless
Lacking paid employment
- unemployedWithout a job
- displacedShifted from proper location
- furloughedGranted mandatory unpaid leave
redundant · out-of-work · jobseeker · claimant · benefits · welfare · underemployment · retraining · reskilling · resume
anxiety
Persistent apprehensive distress
- uncertaintyState of being unsure
- shockViolent sudden disturbance
- stressPressure, mental or vocal
morale · fear · insecurity · devastation · betrayal · dignity · support · counseling · coping · resilience
lay-offshiring
Giving someone work
recruitment · hiring spree · onboarding · staffing up · employment
lay-offsexpansion
Increase in scope
growth · boom · prosperity · economic upturn · business growth
lay-offsjob security
Protected employment status
employment stability · retention · career advancement · promotions · tenure