Layoff
Categories: Board of Directors, Entrepreneur, Company Management
Firing. When employees are laid off, they are fired, done working for the company. Some layoffs are driven by the marketplace. Dogs just stopped eating your brand of dog food. In other cases, robots came in and did what humans did for a third the price. The notion of a layoff usually applies to a group of people being terminated, not just one person. So when that happens, there's usually a force against which the company is acting. And in reality, other than Sadie Sadist, most CEOs like hiring people a whole lot more than they like firing them so layoffs are almost never a welcome Thing.