Thousands of Americans are Volunteering to be Laid Off

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Thousands of Americans are Volunteering to be Laid Off

Labor market conditions are the worst since the Great Depression, so why are thousands of Americans volunteering to be laid off? The answer lies in the voluntary incentive packages companies are using to reduce head counts and avoid laying off people who wish to stay in their current jobs. Experts say these voluntary buyouts can help with morale, as well as help unhappy employees make life and career changes.

Image via Unsplash/Camylla Battani

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