Layoff

Employee Layoff Event - Employee layoff event refers to the temporary or permanent separation of employees from their jobs due to economic conditions, organizational restructuring, or other non-performance-related factors. Unlike terminations for misconduct or performance issues, layoffs are generally not the fault of the employee.

Class Information

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Identification

IRI: https://folio.openlegalstandard.org/RKarf0DKzL0qZLGQluthCY
Label (rdfs): Employee Layoff Event
Preferred Label: Layoff
Alternative Labels: N/A
Identifier: N/A

Definition and Examples

Definition: Employee layoff event refers to the temporary or permanent separation of employees from their jobs due to economic conditions, organizational restructuring, or other non-performance-related factors. Unlike terminations for misconduct or performance issues, layoffs are generally not the fault of the employee.
Examples: N/A

Translations

en-gb

Redundancy

Class Relationships

Sub Class Of: Involuntary Employment Termination Event
Parent Class Of: N/A
Is Defined By: N/A
See Also: N/A

Additional Information

Comment: N/A
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Notes: N/A
Deprecated: False

Metadata

History Note: N/A
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Country: N/A

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