lay-off

Từ điển Oxford Advanced Learner 8th

ˈlay-off [lay-off lay-offs] BrE NAmE noun
1. an act of making people unemployed because there is no more work left for them to do
•lay-offs in the factory
2. a period of time when sb is not working or not doing sth that they normally do regularly
•an eight-week lay-off with a broken leg

Example Bank:
•We do not want to risk further lay-offs in the factory.