massive layoffs(when someone stops employing someone, sometimes temporarily, because there is no money to pay them or because there is no work for them: The recent economic crisis has led to massive layoffs. CALD Alexander Demidov)
job shed(The UK financial services sector is set to shed 8,000 jobs over the next three months – В ближайшие три месяца британский сектор финансовых услуг намерен сократить 8 тысяч рабочих мест anna-mi)
