# Employee Layoff Event

**IRI:** https://folio.openlegalstandard.org/RKarf0DKzL0qZLGQluthCY

## Labels

**Preferred Label:** Layoff

**Translations:**

- en-gb: Redundancy

## Definition

Employee layoff event refers to the temporary or permanent separation of employees from their jobs due to economic conditions, organizational restructuring, or other non-performance-related factors. Unlike terminations for misconduct or performance issues, layoffs are generally not the fault of the employee.

## Sub Class Of

- https://folio.openlegalstandard.org/R7qfDUdV0uQYPGsrjTf3QDf

**Deprecated:** False

