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Reasons for company layoffs, social security layoffs and suspension of insurance
When the employee leaves the company, the labor contract expires.
1. Employee Resignation: After the employee resigns, the company will no longer bear the social security expenses of the employee, so it is necessary to reduce the number of employees and stop the insurance.
2. Labor contract expires: the labor contract between the company and the employee will not be renewed after expiration, and the company will no longer bear the social security expenses of the employee, so it is necessary to reduce the number of employees and stop insurance.
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