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Guide to furloughs, layoffs and voluntary separation offers


Benefit considerations

The coronavirus pandemic continues to affect society and the economy, changing the way companies think about their own workforce. Company leadership and HR teams are looking for ways to right-size their employee populations, while keeping an eye toward the reopening of the economy.

In this guide, we examine several strategies that companies are currently implementing, including furloughs, reductions in hours, layoffs and voluntary separation offers.