Termination of Employees at Various Levels Termination of Nonmanagerial/Nonprofessional Employees
Termination of Executives
The reasons for termination may not be as clear as those for lower-level employees. Some of the reasons include the following
-Economic downturns At times, business conditions may force a reduction in the number of executives.
- Reorganization/downsizing In order to improve efficiency or as a result of with another company, a firm may reorganize or downsize, merging resulting in the elimination of some executive positions.