Termination of employment or separation of employment is an employee's departure from a job and the end of an employee's duration with an employer. Termination may be voluntary on the employee's part, or it may be at the hands of the employer, often in the form of dismissal or a layoff.

What does termination mean in a job?

The term termination of employment refers to the end of an employee's work with a company. An employee may be terminated from a job of their own free will or following a decision made by the employer.

Is termination the same as fired?

Termination is analogous with the common term of being “fired.” One may be fired or terminated for a variety of reasons but is traditionally used to mean letting an employee with performance issues go.