Define Layoff Meaning

The practice used by marginally profitable companies to compensate for ineffective management by releasing people from their employment.

Means to be fired from the job

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."

Getting rid of all your "friends" that you now don't talk to, care about, have never met, or just now "dislike." Similar to a company trimming the fat in the their labor force.

Whenever an athlete (particularly a combat sports athlete) suffers a major injury and takes a long time (1 year or more) before returning to competition. Made famous by Frank Mir who shattered his femur shortly after winning the UFC Heavyweight Championship.

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.

Someone who camps out in, or moves into an office (see Layoffice) recently vacated by layoffs.

"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.

Not shaving after being given termination of work notice. Play off of Playoff Beard

Passing gas after you have recently had a bowel movement.