Printer Friendly
The Free Dictionary
988,639,876 visitors served.
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

layoff

   Also found in: Dictionary/thesaurus, Encyclopedia, Wikipedia, Hutchinson 0.18 sec.
Layoff
1. When a company eliminates jobs regardless of how good the employees' performance. 2. A risk reduction, made by investment bankers, that minimizes the potential downside associated with a commitment to purchase and sell a stock issue unsubscribed by stockholders holding rights.

Notes:
1. This is usually because the company is facing financial difficulties. 2. This is a method whereby an investment banking firm, who has committed to buying up all the unsubscribed shares during a rights offering, will reduce the time risk involved due to the difference between entering into the contract and selling the shares. In other words, they are hedging against any losses due to time.

layoff
The allocation of unsold shares to syndicate members from a new issue rights offering by the managing underwriter.
?Page tools
Printer friendly
Cite / link
Email
Feedback
Add definition
? Mentioned in ? References in periodicals archive
 
Amidst all the doom and gloom predictions of big layoffs sweeping through the Southern California economy following Boeing's announcement, the impact on the more than 600 local suppliers for the C-17 appears at first blush to be fairly minimal.
632 suppliers face future without C-17 by Fine, Howard / Los Angeles Business Journal
This spring, his first book, The Disposable American, appeared, expanding on his series, describing how massive layoffs hurt individual workers, their families, their companies and their communities.
The book of jobs: a patient account of the pain of layoffs by Kusnet, David / Washington Monthly
According to an Associated Press report, the Independent Steelworkers Union has received official notification from Mittal Steel of the layoffs of approximately 800 workers, another step in the company's plan to permanently shut down the Weirton facility.
Mittal continues Weirton phase-out by Recycling Today
More results
 
Financial browser? ? Full browser
 
 
Financial Dictionary
?

Disclaimer | Privacy policy | Feedback | Copyright © 2008 Farlex, Inc.
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. Terms of Use.