Layoffs

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August 18, 2024 6 min read Dictionary
Employee Buyout (EBO)
Finance Employment Employee Buyout Severance Packages Layoffs Restructuring Corporate Finance
An Employee Buyout (EBO) is when an employer offers select employees a voluntary severance package to reduce costs or avoid layoffs.
Read more about Employee Buyout (EBO).
August 18, 2024 6 min read Dictionary
Layoff
Employment Economics Layoffs Employment Economics Job Market HR
A layoff is the temporary or permanent termination of an employee's employment for reasons unrelated to their job performance, often as a cost-cutting measure.
Read more about Layoff.

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