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> Firing is when the reason for the employee leaving is their fault. Layoff is when it's "the employers fault".

That's not how I'd use those words. "Fired" just means your employment was involuntarily terminated. Layoffs are a type of firing, at least to my ears.




I suspect in some states, it might have implications for collecting unemployment. But given how almost all long term employment is "at will", there isn't really any meaningful distinction, except colloquially, I suspect.




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