The most common and most likely answer to this crossword clue is the 6 letter word LAYOFF
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Buddy explains!
The straight part
We know that "Termination" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case termination = layoff.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.
What does LAYOFF mean?
LAYOFF noun- (chiefly US) A dismissal of employees from their jobs because of tightened budgetary constraints or work shortage (not due to poor performance or misconduct).
- A period of time when someone is unavailable for work.
- A short pass that has been rolled in front of another player for them to kick.