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Furlough vs. Layoff: What's the Difference?

Posted by Tonya Fletcher SPHR, SHRM-SCP on May 1, 2020 1:50:00 PM

The economic fallout caused by the COVID-19 pandemic has had a devastating impact on the job market, resulting in over 30 million Americans filing for unemployment since President Trump declared a national state of emergency in March.

To stay afloat, companies must cut spending, often reducing payroll costs as one of the measures they decide to implement. Millions of employees have either been laid off or furloughed and forced to navigate the rules of unemployment. But, what's the difference between a furlough and a layoff?

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Topics: furlough, layoff

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