Termination of employment

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Termination of employment is an employee's departure from a job and the end of an employee's duration with an employer.wikipedia
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Dismissal (employment)

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Termination may be voluntary on the employee's part, or it may be at the hands of the employer, often in the form of dismissal (firing) or a layoff.
Dismissal (also referred to as firing) is the termination of employment by an employer against the will of the employee.

Layoff

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Termination may be voluntary on the employee's part, or it may be at the hands of the employer, often in the form of dismissal (firing) or a layoff. Pink slip refers to the American practice, by a human resources department, of including a discharge notice in an employee's pay envelope to notify the worker of their termination of employment or layoff.
A layoff is the temporary suspension or permanent termination of employment of an employee or, more commonly, a group of employees (collective layoff) for business reasons, such as personnel management or downsizing an organization.

At-will employment

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In an economy based on at-will employment, such as that of the United States, a large proportion of workers may be laid off at some time in their life, and often for reasons unrelated to performance or ethics.
At-will employment is a term used in U.S. labor law for contractual relationships in which an employee can be dismissed by an employer for any reason (that is, without having to establish "just cause" for termination), and without warning, as long as the reason is not illegal (e.g. firing because of the employee's race or religion).

Constructive dismissal

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Such tactics may amount to constructive dismissal, which is illegal in some jurisdictions.
Since the resignation was not truly voluntary, it is, in effect, a termination.

P45 (tax)

P45
In the UK and, until 1 January 2019 in Ireland, the equivalent of a pink slip is a P45; in Belgium the equivalent is known as a C4.
The term is used in British slang and Irish slang as a metonym for termination of employment; the equivalent slang term in the United States is pink slip.

Labour law

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It covers items including compensation, holiday and illness rights, notice in the event of dismissal and job description.

Turnover (employment)

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Partings between organizations and employees may consist of termination, retirement, death, interagency transfers, and resignations.

United States

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In an economy based on at-will employment, such as that of the United States, a large proportion of workers may be laid off at some time in their life, and often for reasons unrelated to performance or ethics. The most common colloquial terms for dismissal in the United States are "getting fired" or "getting canned" whereas in the United Kingdom the terms "getting the sack" or "getting sacked" are also used. Pink slip refers to the American practice, by a human resources department, of including a discharge notice in an employee's pay envelope to notify the worker of their termination of employment or layoff.

United Kingdom

BritishUKBritain
In the UK and, until 1 January 2019 in Ireland, the equivalent of a pink slip is a P45; in Belgium the equivalent is known as a C4. The most common colloquial terms for dismissal in the United States are "getting fired" or "getting canned" whereas in the United Kingdom the terms "getting the sack" or "getting sacked" are also used.

Economy

economiceconomiesnational economy
A layoff is usually not strictly related to personal performance, but instead due to economic cycles or the company's need to restructure itself, the firm itself going out of business or a change in the function of the employer (for example, a certain type of product or service is no longer offered by the company and therefore jobs related to that product or service are no longer needed).

Federal government of the United States

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Such plans have been carried out by the United States Federal Government under President Bill Clinton during the 1990s, and by the Ford Motor Company in 2005.

Bill Clinton

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Such plans have been carried out by the United States Federal Government under President Bill Clinton during the 1990s, and by the Ford Motor Company in 2005.

Ford Motor Company

FordFord MotorsFord Motor Co.
Such plans have been carried out by the United States Federal Government under President Bill Clinton during the 1990s, and by the Ford Motor Company in 2005.

Shift work

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The employee may be moved to a different geographical location, assigned to an undesirable shift, given too few hours if part time, demoted (or relegated to a menial task), or assigned to work in uncomfortable conditions.

Part-time contract

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The employee may be moved to a different geographical location, assigned to an undesirable shift, given too few hours if part time, demoted (or relegated to a menial task), or assigned to work in uncomfortable conditions.

Demotion

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The employee may be moved to a different geographical location, assigned to an undesirable shift, given too few hours if part time, demoted (or relegated to a menial task), or assigned to work in uncomfortable conditions.

Psychological manipulation

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Other forms of manipulation may be used, such as being unfairly hostile to the employee, and punishing him or her for things that are deliberately overlooked with other employees.

Unemployment benefits

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In addition, with a few exceptions, employees who voluntarily leave generally cannot collect unemployment benefits.

Human resource management

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Pink slip refers to the American practice, by a human resources department, of including a discharge notice in an employee's pay envelope to notify the worker of their termination of employment or layoff.

Metonymy

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The "pink slip" has become a metonym for the termination of employment in general.