A notice of termination is what an employer uses to notify an employee as to the end of their employment contract. More broadly, it may also refer to the formal notification of the end of a contract between two or more parties. While a notice of termination usually is provided to an employee for reasons unrelated to his or her job performance—for example, because business conditions necessitate layoffs or downsizing—it may also be given to an employee for poor job performance or misconduct.
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