For some employees,early retirement is a possible alternative to being laid off.

Question

Quizplus · Accepted Answer

Early retirement is a possible alternative for some employees, as it allows them to voluntarily leave their job and begin receiving retirement benefits earlier. This can be a preferable option to being laid off, which involves losing one's job and potentially being ineligible for certain benefits. However, not all employees may be eligible or economically able to retire early, so it may not be a viable alternative for everyone facing layoffs.

For Some Employees,early Retirement Is a Possible Alternative to Being