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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. 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 an organization.

  4. The 10 Most Important Things To Say and Do When Quitting a ...

    www.aol.com/lifestyle/10-most-important-things...

    A letter of resignation is standard, and Montella suggests assuring the boss you'll be sending it. "After sharing the news verbally, you need to put it in writing," Montella says. 7.

  5. Dismissal (employment) - Wikipedia

    en.wikipedia.org/wiki/Dismissal_(employment)

    While the main formal term for ending someone's employment is "dismissal", there are a number of colloquial or euphemistic expressions for the same action. "Firing" is a common colloquial term in the English language (particularly used in the U.S. and Canada), which may have originated in the 1910s at the National Cash Register Company. [2]

  6. This is Why Workers are Saying 'I Quit' - AOL

    www.aol.com/finance/why-workers-saying-quit...

    Here are the top 10 reasons they're leaving. The so-called "Great Resignation" has been led by workers quitting their jobs at an unprecedented clip. Here are the top 10 reasons they're leaving.

  7. Airbnb CEO reflects on fumbled messaging during layoffs ... - AOL

    www.aol.com/finance/airbnb-ceo-reflects-fumbled...

    “The reason I used the word love is ’cause that's what I felt at the time,” he says. Though he adds that he was under some pressure, “I wrote that letter fairly quickly.

  8. Severance package - Wikipedia

    en.wikipedia.org/wiki/Severance_package

    dismissal is individual but made exclusively for reasons other than the employee's conduct and performance, provided the employer employs at least 20 employees. Severance amounts to: 1-month salary for employees with seniority of less than 2 years (with given employer);

  9. How to get through an unexpected layoff without settling for ...

    www.aol.com/news/unexpected-layoff-without...

    He explained that 10% of the colleagues I worked with would be getting laid off and leaving the building immediately. I'd been in the corporate world for less than six months. I was in shock.

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