Money.com: Layoffs are Coming. Here's What to Do if They Hit Your Workplace

Most organizations have specific processes for handling layoffs,” says Katie Birkelo, a senior vice president for business professionals at human resources consulting firm Randstad. “This typically includes details about severance pay, handling 401(k)s, how long health coverage will continue, what happens to unused paid time off, when you’ll receive your last paycheck, and when your last day will be.”