Layoff Policies

Layoff policies are guidelines employers follow when reducing their workforce due to business needs, such as financial struggles or restructuring. These policies outline rights and procedures, including notice periods, severance pay, and support services like job placement assistance. They ensure the process is fair, transparent, and compliant with employment laws, helping affected employees understand what to expect and how their transition will be managed. Clear policies also help organizations maintain professionalism and reduce legal risks during tough decisions.