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Investments glossary

Layoff

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Quotes of the day:

a good tooth, gets no gold

— Severin Meiland

A layoff describes the act of an employer suspending or terminating a worker, either temporarily or permanently, for reasons other than an employee’s actual performance. A layoff is not the same thing as an outright firing, which may result from worker inefficiency, malfeasance, or breach of duty.


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