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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 ...
Job loss may refer to: Termination of employment, loss of one's job Dismissal (employment), termination by the employer for reasons related to the employee; Layoff, or downsizing, termination by the employer for business reasons; Resignation, termination by the employee; Unemployment, affected by losses of jobs from a company, market, or economy
Layoffs create lower job security overall, and an increased competitiveness for available and opening positions. Layoffs have generally two major effects on the economy and stockholders . The way layoffs affect the economy varies from the industry that is doing the layoffs and the size of the layoff.
People leave jobs for a variety of reasons, the most common being compensation and growth. But that's not always the case. Some workers may feel taken for granted or want more flexibility with ...
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Generation Yers are job hoppers. From bad management to low pay, there are numerous reasons why young, 20-something professionals are constantly moving from one job to the next.
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]
I know you are working hard to keep your job. You have been told, as have I, that there are certain things we can do to keep our jobs safe. Perhaps we believed that a better degree, more ...