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Yeah, obviously depends from country to country, but for a layoff the company often has to be in some problems. It's difficult to do a layoff when you have reco
by yreg 3y ago
Yeah, obviously depends from country to country, but for a layoff the company often has to be in some problems. It's difficult to do a layoff when you have record profits.
Of course there are other ways to fire employees but those have their own rules.
- yladiz 3y agoRight. My point is that the company can’t just say “we’re not doing well, we need to get rid of a few people” and do a layoff with impunity. They have to lay off a pretty decent amount of people (in some cases like 30%) and they need to pay severance to the laid off employees. In most of Europe it’s basically a tool of last resort besides going bankrupt, unlike in the states where it’s easier and done somewhat regularly.