1540s, laysy, of persons, "averse to labor, action, or effort," a word of unknown origin. In 19c. thought to be from lay (v.) as tipsy from tip. Skeat is responsible for the prevailing modern view that it probably comes from Low German, from a source such as Middle Low German laisch "weak, feeble, tired," modern Low German läösig, early modern Dutch leuzig, all of which may go back to the PIE root *(s)leg- "slack." According to Weekley, the -z- sound disqualifies a connection with French lassé "tired" or German lassig "lazy, weary, tired." A supposed dialectal meaning "naught, bad," if it is the original sense, may tie the word to Old Norse lasenn "dilapidated," lasmøyrr "decrepit, fragile," root of Icelandic las-furða "ailing," las-leiki "ailment."
Replaced native slack, slothful, and idle as the usual word expressing the notion of averse to work. Lazy Susan is from 1917. Lazy-tongs is from 1785, "An instrument like a pair of tongs for old or very fat people, to take anything off the ground without stooping" [Grose, "Dictionary of the Vulgar Tongue"]. In his 1788 edition, Grose has lazy man's load: "Lazy people frequently take up more than they can safely carry, to save the trouble of coming a second time."