layoff
noun [ C ]
HR (also lay-off) uk/ˈleɪɒf/ usthe act of ending a worker's job, sometimes temporarily, usually because there is not enough work to do:
Workers have been warned to expect further layoffs.
Layoff notices are expected when business slows after Christmas.
a period when someone is not working because their job ended or they were forced to leave it:
long/short/temporary layoff A long layoff can help a budget but it can make workers less productive when they return.