Management Glossary

  Search Results: lay-off
Strictly speaking, to lay somebody off means to suspend their employment with the expectation that the person will be re-employed when conditions improve. However, frequently the term is used as a euphemism for firing, which means terminating a person's employment without the expectation of re-employing them in the future.
Contributed by: ManagerWise Staff

Click on a letter to find terms starting with that letter:

You can also click here to see a list of all of the words in the glossary with links to the definitions.

Or, search the glossary:

Match: any word     all words

Help the Glossary Grow!

Click here
to add a definition. We credit contributors of accepted definitions with, at your option, an e-mail and/or Web link.