Question: What is the difference between a termination and a layoff? A termination is an individual matter and a layoff results from the company responding to

What is the difference between a termination and a layoff?
A termination is an individual matter and a layoff results from the company responding to declining revenues or intense competition.
A termination must be done according to union guidelines and a layoff is based solely on an individuals performance
A layoff is an individual matter and a termination results from the company responding to declining revenues or intense competition.
A layoff must be done according to union guidelines and does not consider the individuals performance or special skills

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