the.com/layoffs
When a company decides its biggest cost-cutting opportunity has a desk and a name.
means The mass termination of employees for financial reasons, regardless of individual performance.
from From the verb phrase to lay off, in use since the 1800s, originally meaning a temporary suspension of work, often seasonal, with the promise of return that quietly disappeared over time.
Word launderingRebranded as rightsizing, downsizing, and restructuring.
Stock bumpShares often rise the day layoffs are announced.
Friday timingOften dropped before weekends to limit public fallout.