riffed
adj.βGloss: Laid off via a reduction in force (RIF). Β«TUSD rehires 88% of riffed teachers […] Last spring TUSD gave pink slips to 562 teachers. This summer it rehired 498 of them.Β» ββTUSD rehires 88% of riffed teachers” KVOA-TV (Tucson, Arizona) Aug. 13, 2009. (source: Double-Tongued Dictionary)
Goes back to 1953 at least…