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  2. Termination of employment - Wikipedia

    en.wikipedia.org/wiki/Termination_of_employment

    A less severe form of involuntary termination is often referred to as a layoff (also redundancy or being made redundant in British English). A layoff is usually not strictly related to personal performance but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business, or a change in the function of the employer (for example, a certain ...

  3. Wrongful dismissal - Wikipedia

    en.wikipedia.org/wiki/Wrongful_dismissal

    In law, wrongful dismissal, also called wrongful termination or wrongful discharge, is a situation in which an employee's contract of employment has been terminated by the employer, where the termination breaches one or more terms of the contract of employment, or a statute provision or rule in employment law.

  4. How To Prepare for a Layoff and Negotiate Severance - AOL

    www.aol.com/prepare-layoff-negotiate-severance...

    The economy is unpredictable right now, and layoffs are happening like crazy. On Jan. 18, Microsoft announced it would cut 10,000 jobs to trim costs. This was not long after Amazon announced it ...

  5. DD Form 214 - Wikipedia

    en.wikipedia.org/wiki/DD_Form_214

    The DD Form 214, Certificate of Release or Discharge from Active Duty, generally referred to as a "DD 214", is a document of the United States Department of Defense, issued upon a military service member's retirement, separation, or discharge from active duty in the Armed Forces of the United States (i.e., U.S. Army, U.S. Navy, U.S. Marine Corps, U.S. Air Force, U.S. Space Force, U.S. Coast ...

  6. How Does Taking a Severance Package Affect Your ... - AOL

    www.aol.com/finance/does-taking-severance...

    If you receive severance pay from a former employer, you may actually end up in a pretty good place financially. Many severance packages pay 50% to 100% of wages for a specified time period, and if...

  7. Taxes 2023: How Does Severance Pay Get Taxed? - AOL

    www.aol.com/finance/taxes-2023-does-severance...

    Part of the reason investors fled the stock market in 2022 was over fears of a potential recession in 2023. With inflation reaching multi-decade highs and the Fed aggressively raising interest ...

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