Layoff Question:

Please tell me what is layoff?

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Answer:

Layoff is the temporary suspension or permanent termination of employment of an employee or a group of employees for business reasons, such as when certain positions are no longer necessary or when a business slow-down occurs.
Laid off workers or displaced workers refers to workers who have lost or left their jobs because their employer has closed or moved, there was insufficient work for them to do or their position or shift was abolished.

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