A2. Layoff Glossary

Layoffs come with their own vocabulary, often used at the exact moment you're least able to look things up. Here's the plain-English version.At-will employment — Mostly a US concept. Either side can end the job at any time, for almost any reason, with no notice required.COBRA — The US mechanism that lets you keep your employer health plan for a period after leaving, usually by paying the full cost yourself.Collective consultation — A legally required group process in much of Europe when redundancies pass a certain number, involving employee representatives and set timelines.Compromise agreement — Older name for a settlement agreement, still used in some places.Garden leave — You're still employed and paid through your notice, but told to stay away from work. Common for senior or sensitive roles.Individual consultation — The one-to-one meetings about your specific role, selection, and alternatives.Notice period — The time between being told and actually leaving, during which you're…