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> "firing" reduces the amount of unemployment insurance you get

Could you describe how this works? Do you get unemployment for a longer period of time or larger payments if you were laid off?

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severance pay is given out for layoffs and not firings. It always seemed like a weird system to me b/c if you're laying people off, you're probably already strapped for cash - so you'd try to find an excuse to fire the person.

Yes and no... if your fiscal management is that shoddy that severance is a problem, you're beyond screwed as a company. The idea is that "Well, we're running down our funds, best to get these people out the door now with x month's salary, rather than hope something turns around in x+y months."

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