A lockout occurs when management prevents workers from entering a plant or building to work.
Lockout's meaning could be a little more obvious.
Managers prevent workers from coming to work during a lockout until they agree to the terms of employment.The opposite of a strike is a lockout.Employees don't go to work during a strike until management agrees to make concessions for them regarding things like wages and working conditions.
How does a lockout work and what is it?
When a contract expires and there is no replacement contract, a lockout is a temporary, employer-initiated work stoppage in which employees are prohibited from returning to work.
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