What Does It Mean To Be Laid Off?
Losing a job can be an emotional and stressful experience. But what does it mean to be laid off? To be laid off is when an employee is dismissed from their position due to a lack of work or budget cuts, instead of being fired for cause. Laid-off employees may be eligible for unemployment benefits and severance pay, depending on the circumstances surrounding their dismissal.
It's important to understand that being laid off isn't the same as being fired. When an employee is fired, they are usually subject to disciplinary action or poor performance reviews. Being laid off has nothing to do with how well someone performs at work; it's simply due to economic factors beyond their control. It can feel like a personal rejection, but it's important to remember that you weren't singled out for any specific reason other than circumstance.
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