Home > Terms > English, UK (UE) > Zero layoff policy
Zero layoff policy
A company policy based on a guiding principle that the welfare of employees should not be harmed due to economic factors that adversely impact the bottom line. When such policies are adopted companies will seek to mitigate losses through other means rather than layoffs. Employees are still subject to termination based on performance or ethical measures.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Business services
- Category: Customer management
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