Layoff vs Termination
A layoff is basically when a person has to be let go from their job or position, mainly because the company cannot afford to keep them around. This is due to no fault of the employee, and is often due to...
Resignation vs Termination
Resignation is when the employee decides to leave his job. It is the formal act of giving up or quitting one's office or position. A termination is when the employer fires the employee.