There are multiple definitions - click on the translation that matches your context.

Freistellung

Substantiv

partial

layoff

noun

Comparative law notes

Germany

Employment law context.

You may note that our definition adds that layoffs can be done temporarily. Historically, the term layoff did indeed mean temporary dismissals, like furloughs. But today, we generally use the word layoff when a person is permanently let go from a job.
Layoff is especially used when an employer lets go of employees because they can no longer afford to pay them, their business is down, or other economic reasons—not necessarily because employees weren't good at their jobs. A term that floats around a lot during these circumstances is mass layoff, meaning many employees were laid off at the same time. Here mass means "pertaining to, involving, or affecting a large number of people.

Definitions of layoff

English

a situation where an employer stops employing someone, many times temporarily, because the employer does not have enough enough work or money

City education officials on Monday announced 241 lay-offs in the city's 26 schools.