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Layoff - Wikipedia

A layoff is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) for business reasons, such as personnel management or downsizing an organization. Originally, layoff referred exclusively to a temporary interruption in work, or employment but this has evolved to a permanent elimination of a position in both

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Layoff Employee Rights

However, you have at least some employee rights regarding a layoff. For example, your employee rights might entitle you to collect state unemployment benefits and purchase COBRA extended health insurance benefits at group rates after you're laid off.. Your employee rights also protect you from your employer illegally firing you under the cover of a layoff.