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this post was submitted on 16 Feb 2024
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Redundancy is very different to being fired though. When you're fired you just lose your job and that's it. If you get made redundant, you lose your job but get paid X amount of months worth of wages to make up for the fact you may be jobless for a while, while you look for a new one. X being different depending on both the countries laws and the company's policies. But usually it increases the longer you've been with the company.