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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
Words you can keep
Means to be fired from the job
The company about to layoff 100,000 employees.
layoff by David Kofoed Wind May 18, 2007

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

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

Layoff Squatter 

Someone who camps out in, or moves into an office (see Layoffice) recently vacated by layoffs.
Who's that guy in Joe's office? Ah, he's just a layoff squatter.
Layoff Squatter by Biff Turkle July 14, 2009

layoff beard 

"Layoff beard" derives from "playoff beard." A layoff beard is a worn by an unemployed person until he gets a job.

The word's meaning can also be extended to include a law student who decides not to shave until he passes the bar exam.
Your layoff beard is quite fierce, broseph. And I applaud the pajamas-in-public look, too. It's quite...unique.
layoff beard by Ae5Ea8 February 9, 2015

Layoff Beard 

Not shaving after being given termination of work notice. Play off of Playoff Beard
Now that I don't have to worry about work, I'll focus on growing the layoff beard
Layoff Beard by Autzens12thman December 28, 2008
More from Urban Dictionary
Acronym for Non-Athletic Regular Person. Your schools lacrosse team probably shouts it at you while you walk by.
Lookie at these bunch of narps, NARP NARP NARP
NARP by Douchebag McKenzy March 31, 2010
Word of the Day on September 7, 2026

High School Liquid 

A person who can freely travel between and fit in with all high school social groups and classes.
He is high school liquid, he ate lunch with the nerds and hung out with the jocks after school.
High School Liquid by Thaedris July 30, 2008
Word of the Day on September 6, 2026

Purple Patch 

To describe coming into something good, coming into good luck and or good times.

Like walking over small green hills in the countryside then coming across a purple patch of flowers, thus it being unique and out of the ordinary.
I hit a real purple patch.

The other day this good thing happened unexpectedly then I was lucky with this, it was unique, I hit a real purple patch.
Purple Patch by Ralph Shitstorm October 27, 2020
Word of the Day on September 5, 2026
(Ewokese) Freedom!
And dying in yo' bed many years from now, would ya be willing ta trade all da days from dis here day ta dat fo' one chance, just one chance, ta come back here as young men an' tell our enemies dat dey may take our lives but dey will never take our freedom ... YUB NUB!
yub nub by rotjrem November 4, 2010
Word of the Day on September 4, 2026
1. Meaning nasty, sexy, filthy. Popularized by Christina Aguilera.

2. Used usally as a close friend in hip-hop slang.
1. Wanna get dirrty
It's about time that I came to start the party Sweat drippin' over my body
Dancin' gettin' just a little naughty

2. Sup Dirrty? Haven't seen you in a while.
dirrty by Minty November 30, 2003
Word of the Day on September 3, 2026
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