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Termination Vs. Layoff: Unpacking The Differences
When it comes to employment, many people are often confused about the difference between termination and layoff. Both terms refer to the ending of a job, but they are not interchangeable. Understanding the differences between the two can help you protect your rights as an employee and make informed decisions about your career. In this post, we’ll unpack the differences between termination and layoff to help you understand what they mean and what to expect. What is Termination? Termination is the ending of an employment relationship by the employer. It can be voluntary, such as when an employee resigns, or involuntary, such as when an employer fires an employee. Termination…