Meaning of REDUNDANCY in English

REDUNDANCY

transcription, транскрипция: [ rɪdʌndənsi ]

( redundancies)

1.

When there are redundancies , an organization tells some of its employees to leave because their jobs are no longer necessary or because the organization can no longer afford to pay them. ( BRIT BUSINESS; in AM, use dismissals , layoffs )

The ministry has said it hopes to avoid compulsory redundancies.

N-COUNT : usu pl

2.

Redundancy means being made redundant. ( BUSINESS )

Thousands of bank employees are facing redundancy as their employers cut costs...

N-UNCOUNT

Collins COBUILD Advanced Learner's English Dictionary.      Английский словарь Коллинз COBUILD для изучающих язык на продвинутом уровне.