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  2. Termination of employment - Wikipedia

    en.wikipedia.org/wiki/Termination_of_employment

    Termination of employment or separation of employment is an employee's departure from a job and the end of an employee's duration with an employer. Termination may be voluntary on the employee's part ( resignation ), or it may be at the hands of the employer, often in the form of dismissal (firing) or a layoff .

  3. Severance package - Wikipedia

    en.wikipedia.org/wiki/Severance_package

    Severance packages are often negotiable, and employees can hire a lawyer to review the package (typically for a fee), and potentially negotiate. However, employees are never entitled to any severance package upon termination or lay-offs. [3] Severance packages vary by country depending on government regulation.

  4. Loudermill letter - Wikipedia

    en.wikipedia.org/wiki/Loudermill_letter

    The Loudermill letter fulfills the requirement of (written) notice, and should include an explanation of the employer's evidence ("to act as a check for mistaken accusations"). To fulfill the remaining Due Process requirements, a Loudermill letter will also have to inform the employee of his opportunity for a Loudermill hearing.

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

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

    At the same time, they also must be ready to negotiate their severance. GOBankingRates consulted career experts to hone strategies of exactly what employees need to do to prepare for layoffs and ...

  6. How a GM layoff email sent to employees triggered a ... - AOL

    www.aol.com/gm-layoff-email-sent-employees...

    The affected employees will receive a payment equivalent to their wages and benefits as if they were employed through Jan. 14, 2025.” WARN requires a 60-day notice before a mass layoff or plant ...

  7. Layoff - Wikipedia

    en.wikipedia.org/wiki/Layoff

    A layoff [1] or downsizing is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) [2] for business reasons, such as personnel management or downsizing (reducing the size of) an organization.

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