From Conservapedia
This is the current revision of Laidoff as edited by WesleyS (Talk | contribs) at 20:38, 29 December 2008. This URL is a permanent link to this version of this page.

(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to: navigation, search

Laidoff is an act whereby employed individuals are informed by their company that their work is not required in the immediate future, sometimes indefinitely. Generally, this is a temporary period of unemployment and most times this does not mean the individual is jobless. The financial economics of a company dictates being laidoff. Other times, a workforce is laidoff for a holiday season. A striking union worker is considered laidoff until negotiations over job demands are met.