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Layoff
(redirected from Personnel downsizing)

    Also found in: Legal, Wikipedia 0.01 sec.
layoff
The allocation of unsold shares to syndicate members from a new issue rights offering by the managing underwriter.
Layoff
The act of a company firing workers regardless of their work performance. Layoffs occur when a company is having significant financial problems and can no longer afford to pay its workers. Because this can be both personally difficult and damaging to the company's reputation, companies usually engage in layoffs when there is no other alternative to cost cutting.


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