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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 noun from the Cambridge Business English Dictionary © Cambridge University Press)
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