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Some companies provide severance packages for employees laid off due to downsizing, reorganization, or management decisions, but this is a voluntary program and not guaranteed. Such packages are not automatically available, even within a company that offers them to some employees. If an employee has a contract, the terms will detail the separation process during layoffs. It's important to review this contract to ensure compliance. For those without a formal employment contract, there are key considerations to assess if a severance offer is made, and seeking representation may be beneficial to navigate these terms.
