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Fired in a recession? Here are 5 facts to know about severance pay

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Recessions and economic downturns aren’t fun for anybody. They’re hard on workers, hard on businesses, and hard on our communities as a whole. And while some companies determine they need to reduce their staff to stay afloat during those tough times, that doesn’t mean they can fire employees without paying proper severance packages.

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Fired in a recession? Here are 5 facts to know about severance pay