Definition: A termination letter is a written document that formally states that an employee is laid off or fired. The employer typically gives the letter to the former employee after holding a termination meeting with the employee and an HR representative.
If the employee is fired, the letter may itemize the reasons for being fired. The letter may also include information on benefits and severance, if any, and the ending date of employment.
Also Known As: lay-off notice, notice of termination, pink slip
