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another round of layoffs 

Passing gas after you have recently had a bowel movement.
A: "What's that smell? Didn't you just go to the bathroom?"

B: "I'm preparing for another round of layoffs."

Layoff Beard 

The term Layoff Beard refers to any facial hair that is grown in celebration of unemployment. Qualifying events include getting: canned, fired, axed, pink-slipped, downsized, marginalized, shown the door, let go, dismissed, let go, or laid off.

Layoff Beards were popularized in fall 2008 by the website TheCanned.com, which runs an unemployment-themed blog titled "The Layoff Beard."
There are a lot of bankers out there who have grown ferocious layoff beards following the financial crisis of 2008.
Layoff Beard by deaconblues February 11, 2009
The practice used by marginally profitable companies to compensate for ineffective management by releasing people from their employment.
Even after the layoff, the company still could not get into the black.
layoff by Way Cool Rich May 21, 2007

layoffcation 

When you are forced to take one or two weeks off of work by the man. This is done as a way to save the company money.
John: Hey Tim how are you going to spend your layoffcation?

Tim: By finding a new job so this shit doesn't happen again.
layoffcation by kildozer June 23, 2008

Layoff Buffer 

The people who work slower than you. If a layoff happens you can feel confident that you are secure because these people will act as a layoff buffer.
I am not worried about a layoff because Ron still works here and he is my Layoff Buffer.
Layoff Buffer by doctoroctos September 30, 2010

Layoffthecap 

the best instagram page on the plateform with 45k+. Hes also a fine ass lightskin with curly hair
ay bro have u seen layoffthecap new post? “yea bro it was fye”
Layoffthecap by Twitter Dealer September 6, 2020