Downsized, company sold, division eliminated & consolidation are some of the words that are used when a situation or decision by management, the board, or a consultant require workers or employees to be let go. Some companies will offer an entire category, everyone or a selection of people a severance agreement or severance package. If you are included in that group be prepared for the issues so you understand the significance of the choices involved. www.finelyrevealed.com