Employees of many different corporations, including Meta, Disney, Zoom, Dell and PayPal have been laid off over the last few years. This has happened because pandemic-related financial instability has wreaked havoc on businesses all around the world. Aside from lowering payroll expenses, layoffs can cut costs in other areas. Saving money on salaries is only one benefit businesses see when they lay off employees. In the case of a layoff, an employer is not required to provide its terminated employees with benefits or insurance. Therefore, many companies announced plans for [...]
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