Difference between revisions of "Layoff"
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(Many layoffs nationwide can be a sign of an economic downturn or recession.) |
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A '''layoff''' is the termination of employment of many workers at a company, typically due to financial difficulties or merely to increase profits. | A '''layoff''' is the termination of employment of many workers at a company, typically due to financial difficulties or merely to increase profits. | ||
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| + | Many layoffs nationwide can be a sign of an economic downturn or [[recession]]. | ||
[[category:economics]] | [[category:economics]] | ||
| + | [[category:finance]] | ||
Revision as of 18:08, July 2, 2025
A layoff is the termination of employment of many workers at a company, typically due to financial difficulties or merely to increase profits.
Many layoffs nationwide can be a sign of an economic downturn or recession.