What Is the Difference Between Furlough & a Layoff Amid the Coronavirus Pandemic
Amid the economic turmoil wrought by the Coronavirus pandemic, businesses have resorted to various measures to stay afloat, the most significant being employee furloughs and layoffs. While these terms are often used interchangeably, they carry significant differences regarding employee rights, benefits, and prospects for reemployment. The nuanced differences between a furlough and a layoff, particularly…