Note that I said lay off not fire above. There is an important legal difference.
Note that I said lay off not fire above. There is an important legal difference.
My former job laidoff few people because of high paying salary. They got high salary because positions required a specialized and niche knowledge for their jobs. They are good at what they do which earned their justification for high paying. It took the company a year to hire a barely qualified person because they don't want to increase the pay after declined job offers from multiple potential candidates.
so what is the difference?
a layoff is due to business "loss" or changes? How is that really any different to a firing?
Laid off just means they don't need the job done anymore, and has nothing to do with how good or bad you are.
Eh, in theory maybe. Not really in practice. When layoffs happen, companies often prioritize laying off lower performers. And they often still need the jobs done, just fewer people.
Of course none of these are legal differences. The legal difference I know of is that being fired for cause affects whether you are eligible for unemployment insurance benefits.