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English definition of “slowdown”

slowdown

noun [C]
 
 
/ˈsləʊdaʊn/ ECONOMICS, COMMERCE
a period when there is less business activity than usual in a company, the economy, etc.: slowdown in sth Labor Department statistics released last Friday showed an unexpected slowdown in hiring. The economic slowdown has affected both public and privates sectors. dramatic/marked/sharp slowdown
US (UK go-slow) HR, WORKPLACE a period when an organization’s employees work more slowly and less effectively to show they are not satisfied with their pay, conditions, etc.: The management refused to respond to threats of a slowdown.
(Definition of slowdown from the Cambridge Business English Dictionary © Cambridge University Press)
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