What Does Furlough Mean In Employment?

[wellow]

What Does Furlough Mean In Employment, And How Is It Different From A Layoff? I Want To Understand Its Impact On Employees During Company Cost-Cutting Situations. Why Do Companies Use Furloughs? Additionally, What Happens To Employee Benefits During A Furlough?

 

[samuel]

A furlough is basically a temporary unpaid leave where you're still technically employed but not working, unlike a layoff where you're let go, companies use it to cut costs without losing their workforce long-term.