layoff plan
[/ˈleɪ.ɔːf plæn/]
nounpl: layoff plans
plano de demissão
1. A strategic plan or program implemented by a company to reduce its workforce by terminating employees' employment
The company announced a layoff plan that would affect 500 employees over the next six months.
A empresa anunciou um plano de demissão que afetaria 500 funcionários nos próximos seis meses.
2. A formal document outlining the criteria, timeline, and procedures for workforce reduction
Management presented the layoff plan to the board of directors for approval.
A administração apresentou o plano de demissão ao conselho de administração para aprovação.
In both the USA and Brazil, layoff plans are typically sensitive corporate announcements that can significantly impact employee morale and local economies. In Brazil, such plans often trigger union involvement and legal requirements for severance payments. In the USA, companies may implement layoff plans with less mandatory severance but must comply with WARN Act notification requirements for large-scale reductions.
NYC Slang
the axe, getting cut, pink slip incoming
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