Job termination refers to the end of an employee's contract with an employer. This can occur for various reasons, including layoffs, resignations, or dismissals due to performance issues. It is important for both parties to understand the terms of termination, which may be outlined in an employment contract or company policy. When a job is terminated, employees may be entitled to certain benefits, such as severance pay or unemployment insurance. Employers must also follow legal guidelines to ensure the termination process is fair and compliant with labor laws, protecting both the rights of the employee and the interests of the company.