Downsizing vs. Layoff

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Downsizingverb

present participle of downsize

Downsizingnoun

An act in which a company downsizes or is downsized

Downsizingnoun

miniaturization

Downsizingnoun

(automotive) Reducing engine's capacity at same power or increasing engine's power without increasing capacity

Downsizingnoun

the reduction of expeditures and personnel in order to become financial stable; - of businesses.

Downsizingnoun

the reduction of expenditures in order to become financial stable

Layoffnoun

(chiefly US) A dismissal of employees from their jobs because of tightened budgetary constraints or work shortage (not due to poor performance or misconduct).

Layoffnoun

A period of time when someone is unavailable for work.

Layoffnoun

A short pass that has been rolled in front of another player for them to kick.

Layoffnoun

the act of laying off an employee or a work force

Layoff

A layoff or downsizing is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) for business reasons, such as personnel management or downsizing (reducing the size of) an organization. Originally, layoff referred exclusively to a temporary interruption in work, or employment but this has evolved to a permanent elimination of a position in both British and US English, requiring the addition of to specify the original meaning of the word.

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