mass layoffs
[/mæs ˈleɪ.ɔːfs/]
nounpl: mass layoffs
demissões em massa
1. the simultaneous termination of employment for a large number of employees, typically due to economic hardship, restructuring, or business closure
The company announced mass layoffs affecting 5,000 workers across three divisions.
A empresa anunciou demissões em massa afetando 5.000 trabalhadores em três divisões.
2. a significant reduction in workforce as a cost-cutting measure
Mass layoffs swept through the tech industry during the economic downturn.
Demissões em massa varreram a indústria de tecnologia durante a recessão econômica.
Mass layoffs are a significant aspect of corporate culture in both the USA and Brazil, often triggering public discourse about workers' rights, severance packages, and economic stability. In Brazil, labor laws typically require substantial severance payments (FGTS and additional compensation), making mass layoffs more costly for employers than in the US. During economic crises or tech industry corrections, mass layoffs become headline news and affect consumer confidence.
NYC Slang
the axe / getting the axe / pink slip party
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