👉 Layoffs, also known as job cuts or layoff notices, are instances of layoffs in which an organization decides to dismiss part or all of its workforce. Layoffs can occur for various reasons such as financial difficulties, industry changes, employee turnover, or other external events. These decisions are typically made by the company's management team and are often communicated to affected employees through communication channels like email, social media, or in-person meetings. In the context of layoffs, the term "laid-off
