redundancy
Redundancy is the termination of an employee's job due to the employer's decision that the job is no longer needed, excluding situations of regular staff turnover. This can also relate to terms like retrenchment and severance pay.
Redundancy occurs when a position is removed from a business because it's no longer required by the employer, not because of the employee's performance. This can happen due to various reasons like business downturn, technological changes or restructuring. The affected employee may receive severance pay or retrenchment benefits. Redundancy is different from dismissal due to performance or conduct.
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