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A layoff [1] or downsizing is the ... "Redundancy" is a specific legal term in UK labour law with a definition in section 139 of the Employment Rights Act 1996: [19] ...
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 ...
Written by CareerBuilder for AOL Understanding the terms of leaving a job When asked why you left your last job, you only have one of two options to choose from: You left willingly or they forced ...
Severance pay in Luxembourg upon termination of a work contract becomes due after five years' service with a single employer, provided the employee is not entitled to an old-age pension and the termination is due to redundancy, unfair dismissal, or covered in a collective labor agreement. [32]
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Watch this TurboTax tax tip video to learn more about filing your taxes after a furlough vs layoff. For more tax tips and support, visit turbotax.com.
Voluntary redundancy (VR) is a financial incentive offered by an organisation to encourage employees to voluntarily resign, [1] typically in downsizing or restructuring situations. The purpose is to avoid compulsory redundancies or layoffs.
Offshoring disguised as layoffs in higher-wage countries happening "coincidentally" with hiring in lower-wage countries Firing disguised as layoff (redundancy), where the motive for firing varies, including poor performance, low productivity, or even improper termination, but the employer benefits from not having to justify or document the job ...