Losing a job can be a challenging experience, especially when it happens unexpectedly. To help employees transition, ...

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They help ease financial worries and offer support during tough times. It’s important to know your rights during layoffs. While federal law doesn’t require severance pay, many companies offer it to ...

Microsoft has started its performance-based job cuts which will lead to the affected employees losing their jobs with immediate effect and without any severance pay, according to a report by ...

Zosha Millman (she/her) manages TV coverage at Polygon as an entertainment editor, but will happily write about movies, too. She’s been working as a journalist for more than 10 years. This is ...

Infosys also pointed out that over 98% of eligible trainees received relieving letters upon separation, along with outplacement support, severance pay, and counselling services. Meanwhile, ...

(Photo by Anna Moneymaker/Getty Images) Severance pay for federal employees is governed by regulations set by the U.S. Office of Personnel Management (OPM). Typically, severance pay is granted to ...

Microsoft Layoffs: Microsoft has started layoffs focused on job performance, with some employees being let go immediately without severance pay. According to Business Insider, termination letters ...

The letters don't mention severance but say medical, prescription, and dental benefits end on the last day of employment. The letters also say Microsoft will consider past performance and termination ...