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Re:Don’t be spooky by User23 on Saturday November 06, 2021 @07:32PM (#29134879)
In the USA a layoff is usually a euphemism for termination with cause that can’t be supported in court. Because of the general litigiousness and at-will nature of most employment contracts here it usually means the employer offers a token severance payment in exchange for signing a general release.
Re:Don’t be spooky by Treblemaker on Saturday November 06, 2021 @11:32PM (#29136326)
Every layoff I've been subject to (four of them) involved a large number of people, and were related to declining business or transfer of business activity to another division. And my last layoff resulted in a significant severance package. Not sure the claim of "usually" can be substantiated.
Re:Don’t be spooky by User23 on Sunday November 07, 2021 @08:59AM (#29139481)
Where I’ve worked what you’ve describing is called a reorganization.